The Supreme Industries Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 19, 2024 at 02:35 am EST
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The Supreme Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 24,491 million compared to INR 23,107.1 million a year ago. Revenue was INR 24,698.1 million compared to INR 23,190 million a year ago. Net income was INR 2,561.7 million compared to INR 2,100.3 million a year ago. Basic earnings per share from continuing operations was INR 20.17 compared to INR 16.53 a year ago.
For the nine months, sales was INR 71,263.7 million compared to INR 66,032.9 million a year ago. Revenue was INR 71,739.7 million compared to INR 66,216.5 million a year ago. Net income was INR 7,149 million compared to INR 5,059 million a year ago. Basic earnings per share from continuing operations was INR 56.28 compared to INR 39.83 a year ago.
The Supreme Industries Limited is a plastic products manufacturing company. The Company operates through four segments: Plastics piping products, Industrial products, Packaging products, and Consumer products. Its products are designed and manufactured in various groups, including Plastic Piping System, Consumer Products, Industrial Products and Packaging Products. Its Plastic Piping System division offers various products, including unplasticized poly vinyl chloride (uPVC) pipes, injection molded polyvinyl chloride (PVC) fittings and handmade fittings, high density polyethylene (HDPE) pipe systems and others. Its Consumer Products division is engaged in furniture. Its Industrial Products division offers industrial components, material handling system and pallets-roto molded crates, pallets and garbage bins and composite liquefied petroleum gas cylinders. It has approximately 28 manufacturing facilities spread across the country, offers range of plastic products in India.
THE SUPREME INDUSTRIES LIMITED 
