AI-generated · cited to primary sources · not investment advice
S P I C (590030) Mar 2023 Filing Analysis
How durable is the business?
Other operating revenues, including facility sharing and scrap sales, remained a minor part of the business and saw a slight contraction of 5.9% compared to the previous year. (1 contracting, 1 expanding)
“Other operating revenues (Refer Note 23 (ii) below) 955.33 [vs] 1015.83”
The Urea segment experienced massive revenue growth of 50.9% YoY, driven by record production volumes and higher subsidy realizations. Production reached an all-time high of 759,199 MT. (1 expanding, 1 contracting)
“Revenue from Operations 2,828.82 [vs] 1874.92... produced the highest ever production of 759,199 MT of Urea since the commissioning of the Plant.”
See the full cited Business Model analysis of S P I C
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