The Supreme Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 30, 2023 at 03:27 am EDT
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The Supreme Industries Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 23,086.9 million compared to INR 20,866 million a year ago. Revenue was INR 23,213.8 million compared to INR 20,921.2 million a year ago. Net income was INR 2,431.9 million compared to INR 820.2 million a year ago. Basic earnings per share from continuing operations was INR 19.14 compared to INR 6.46 a year ago.
For the six months, sales was INR 46,772.7 million compared to INR 42,925.8 million a year ago. Revenue was INR 47,041.6 million compared to INR 43,026.5 million a year ago. Net income was INR 4,587.3 million compared to INR 2,958.7 million a year ago. Basic earnings per share from continuing operations was INR 36.11 compared to INR 23.29 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 
