Stock Report

Southern Petrochemical Industries Corporation Ltd Q2FY23 consolidated PAT jumps to Rs. 113.77 crores



Posted On : 2022-11-04 20:11:02( TIMEZONE : IST )

Southern Petrochemical Industries Corporation Ltd Q2FY23 consolidated PAT jumps to Rs. 113.77 crores

Southern Petrochemicals Industries Corporation Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 712.2267 crores during the period ended September 30, 2022 as compared to Rs. 753.0716 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 113.7709 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 71.8084 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 5.74 for the period ended September 30, 2022 as compared to Rs. 3.50 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 712.2267 crs ₹753.0716 crs Up Tick / Down Tick-5.42%
Net Profit ₹113.7709 crs ₹71.8084 crs Up Tick / Down Tick58.44%
EPS ₹5.74 ₹3.50 Up Tick / Down Tick64.00%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 712.2267 crores during the period ended September 30, 2022 as compared to Rs.616.9041 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.113.7709 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.61.5020 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.5.74 for the period ended September 30, 2022 as compared to Rs.3.58 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 712.2267 crs ₹616.9041 crs Up Tick / Down Tick15.45%
Net Profit ₹113.7709 crs ₹61.5020 crs Up Tick / Down Tick84.99%
EPS ₹5.74 ₹3.58 Up Tick / Down Tick60.34%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1465.2983 crores during the 6 Months period ended September 30, 2022 as compared to Rs.1116.0596 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.185.5792 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.98.5987 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.9.23 for the 6 Months period ended September 30, 2022 as compared to Rs.5.44 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹1465.2983 crs ₹1116.0596 crs Up Tick / Down Tick31.29%
Net Profit ₹185.5792 crs ₹98.5987 crs Up Tick / Down Tick88.22%
EPS ₹9.23 ₹5.44 Up Tick / Down Tick69.67%

Shares of Southern Petrochemicals Industries Corporation Limited was last trading in BSE at Rs. 62.25 as compared to the previous close of Rs. 60.90. The total number of shares traded during the day was 766453 in over 6785 trades.

The stock hit an intraday high of Rs. 65.05 and intraday low of 61.50. The net turnover during the day was Rs. 48353506.00.

Source : Equity Bulls

Keywords

SPIC Q2FY23 H1FY23 ResultUpdate SouthernPetrochemicalIndustriesCorporation