{
  "id": 19109500,
  "title": "Southern Petrochemical Delivers Strong Q2 FY27 Revenue Growth Amid Rising Costs, Sales Jump 22% To ₹999.17 Crore While Net Profit Stands At ₹47.06 Crore",
  "url": "https://urgent.news/2026/11/09/southern-petrochemical-delivers-strong-q2-fy27-revenue-growth-amid",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T06:59:33.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/southern-petrochemical-delivers-strong-q2-fy27-revenue-growth-amid-rising-costs-sales-jump-22-to-99917-crore-while-net-profit-stands-at-4706-crore"
  },
  "original_language": "en",
  "account": "Mumbai based Southern Petrochemical Industries Corporation Limited reported a net profit of ₹47.06 crore for the second quarter ending September 30, 2026. The fertiliser and chemicals manufacturer saw double-digit growth in revenue, with total income reaching ₹1,002.74 crore, up from ₹842.82 crore in the same quarter last year.\n\nRevenue from operations grew 22.3% year-on-year to ₹999.17 crore, reflecting higher business activity. Total income increased about 19% compared to the previous quarter. Despite the revenue rise, SPIC faced increased expenses, with total expenditure hitting ₹957.11 crore, up 25.7% from ₹761.60 crore in the same period last year.\n\nThe company's operating revenue was the main driver of the revenue growth. Profit after tax for the quarter was ₹47.06 crore, with basic and diluted earnings per share at ₹2.31. The financial details given do not include the previous year's figures for a direct comparison.\n\nSPIC also announced the appointment of D Karthikeyan as an additional director on November 4, 2026. Investors will be watching the company's revenue, expenses and profitability closely in future quarters, as managing rising costs while maintaining sales will be key to the company's financial health and earnings growth.",
  "summary": "Mumbai: Southern Petrochemical Industries Corporation Limited (SPIC) reported a net profit after tax of ₹47.06 crore for the second quarter ended September 30, 2026, alongside double-digit growth in revenue from operations. The fertiliser and chemicals manufacturer recorded total income of ₹1,002.74 crore during Q2 FY27, compared with ₹842.82 crore in the corresponding quarter of the previous…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}