Southern Petrochemical Industries Corporation Ltd.’s (SPIC) net revenue for the second quarter has more than doubled to ₹109 crore over the year-earlier interval.
Revenue from operations grew 15% to ₹708 crore, the agri-nutrient and fertilizer firm mentioned in an announcement.
“Our profitability amid a challenging macroeconomic environment, is testimony to the successful alignment of our corporate strategy with market demand,” mentioned Ashwin Muthiah, chairman.
“Moving forward, we will continue to maximise value-creation for our stakeholders through world-class innovation, infrastructure upgradation and community outreach programmes,” he mentioned.
