Southern Petrochemical Industries Corporation Limited (SPIC) on Friday posted over 65 per cent growth year-on-year in its consolidated net profit for the third quarter at ₹85.18 crore. The Chennai-based agri-nutrient and fertiliser company’s consolidated net profit for the same quarter of the previous fiscal stood at ₹51.43 crore. 

Consolidated revenue from operations grew by 42 per cent to ₹698.62 crore (₹492.48 crore). 

Ashwin Muthiah, Chairman – SPIC & Founder Chairman, AM International, Singapore, attributed the company’s strong quarterly performance, despite ongoing macroeconomic challenges, to the company’s unwavering focus on sales, operations, and profitability.

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