Southern Petrochemicals Industries Corporation consolidated net profit declines 69.25% in the December 2019 quarter

Capital Market 

Sales decline 44.98% to Rs 377.60 crore

Net profit of Southern Petrochemicals Industries Corporation declined 69.25% to Rs 7.26 crore in the quarter ended December 2019 as against Rs 23.61 crore during the previous quarter ended December 2018. Sales declined 44.98% to Rs 377.60 crore in the quarter ended December 2019 as against Rs 686.27 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales377.60686.27 -45 OPM %4.304.98 -PBDT16.5632.89 -50 PBT8.1424.17 -66 NP7.2623.61 -69

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First Published: Tue, February 18 2020. 15:36 IST