Net loss of Southern Petrochemicals Industries Corporation reported to Rs 0.55 crore in the quarter ended June 2018 as against net profit of Rs 5.13 crore during the previous quarter ended June 2017. Sales rose 24.56% to Rs 572.50 crore in the quarter ended June 2018 as against Rs 459.60 crore during the previous quarter ended June 2017.

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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.

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Southern Petrochemicals Industries Corporation announced that the company's plants at Tuticorin have been restarted and production resumed on 11 February 2018, after attending to routine turnaround activities, repairs to critical equipments, upgrade the DCS control system in ammonia plant and other routine shut down jobs.

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Net profit of Southern Petrochemicals Industries Corporation rose 400.86% to Rs 17.48 crore in the quarter ended December 2017 as against Rs 3.49 crore during the previous quarter ended December 2016. Sales rose 23.73% to Rs 524.89 crore in the quarter ended December 2017 as against Rs 424.23 crore during the previous quarter ended December 2016.

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