Southern Petrochemicals Industries Corporation standalone net profit declines 20.95% in the March 2018 quarter

Sales rise 30.50% to Rs 393.30 crore

Net profit of Southern Petrochemicals Industries Corporation declined 20.95% to Rs 6.79 crore in the quarter ended March 2018 as against Rs 8.59 crore during the previous quarter ended March 2017. Sales rose 30.50% to Rs 393.30 crore in the quarter ended March 2018 as against Rs 301.39 crore during the previous quarter ended March 2017.

For the full year,net profit rose 41.29% to Rs 37.23 crore in the year ended March 2018 as against Rs 26.35 crore during the previous year ended March 2017. Sales rose 33.42% to Rs 1983.17 crore in the year ended March 2018 as against Rs 1486.36 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales393.30301.39 30 1983.171486.36 33 OPM %7.294.23 -5.593.63 - PBDT23.5216.26 45 74.8957.18 31 PBT6.798.59 -21 34.7826.35 32 NP6.798.59 -21 37.2326.35 41

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