Southern Petrochemicals Industries Corporation Ltd share price ticked higher by 1.39% to Rs 59.87 after the company's net profit tanked by 21.80% to Rs 47.06 crore, while revenue from operations increased 17.74% to Rs 995.12 crore in Q2FY27 over Q2FY26.

The market capitalization of Fertilizers industry group stocks on BSE stood at Rs 1.71 lakh crore, rising by 12.38%. It has marginally improved by 6.23% over last one week and dropped by 10.73% in last one month while the market capitalization of Southern Petrochemicals Industries Corporation Ltd has inched up 4.19% and 10.74% in the same period respectively.

Profit before tax (PBT) of Southern Petrochemicals Industries Corporation Ltd stood at Rs 61.93 crore in Q2 FY27, tumbling by 32.85% year-on-year, and declining 1.10% quarter-on-quarter. EBITDA came in at Rs 58 crore, climbing 12.87% YoY and easing 1.12% sequentially.

Total expenses increased by 18.49% to Rs 947.6 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 776.5 crore, inching up 9.40% YoY, while employee benefits expense was at Rs 29.05 crore, soaring 28.43% YoY.

For FY26, revenue from operations eased 4.27% to Rs 2940.45 crore, while net profit surged by 35.90% to Rs 211.48 crore, compared to previous FY. EBITDA jumped by 27254% to Rs 240.39 crore, and PBT witnessed a strong rise of 36.57% to Rs 321.04 crore compared to previous FY.

The company's consolidated net cash flow from operating activities stood at Rs 395.28 crore in FY26, as against Rs 37.95 crore in FY25.

Southern Petrochemicals Industries Corporation Ltd plunged by 31.70% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.