Southern Petrochemical Industries Corporation Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 7,418.3 million compared to INR 7,063.3 million a year ago. Revenue was INR 7,475 million compared to INR 7,122.3 million a year ago. Net income was INR 526.3 million compared to INR 1,137.7 million a year ago. Basic earnings per share from continuing operations was INR 2.8 compared to INR 5.74 a year ago.
For the six months, sales was INR 13,088.9 million compared to INR 14,550.5 million a year ago. Revenue was INR 13,186.9 million compared to INR 14,653.1 million a year ago. Net income was INR 1,040.2 million compared to INR 1,855.8 million a year ago. Basic earnings per share from continuing operations was INR 5.54 compared to INR 9.23 a year ago.