Q3FY17 Results: Supreme industries Ltd.
Bhagyashree Vivarekar / 25 Jan 2017
The company reported PAT of Rs 90.17 crore, which represents a sequential QoQ increase of 56.52 per cent and a YoY increase of 18.16 per cent.
The Supreme Industries Ltd. reported its results for the quarter ended December 31, 2016 market hours today. The consolidated numbers were largely above expectations with strong profit growth.
The total sales for Q3FY17 came in at Rs 1103 crore, which represents a 25.5 per cent sequential increase and 11.5 per cent YoY increase.
The operating profit (EBIT) for the quarter amounted to Rs. 141.37 crore and the EBIT margin stood at 12.82 per cent.
The company reported PAT of Rs 90.17 crore, which represents a sequential QoQ increase of 56.52 per cent and a YoY increase of 18.16 per cent.
The company's stock which opened at Rs 911.8 on the BSE, has risen by 0.13 per cent for the day and closed at Rs 913.
Supreme Industries is an Indian plastic processing company, offering range of plastic products with a variety of applications in molded furniture, storage and material handling products, XF films and products, performance films, industrial moulded products, protective packaging products, plastic piping system and petrochemicals. The company has 18 manufacturing plants.
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