The Supreme Industries Limited Reports Earnings Results for the First Quarter Ended June 30, 2021
July 21, 2021 at 12:45 pm IST
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The Supreme Industries Limited announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced total revenue was INR 13,464 million compared to INR 10,558.6 million a year ago. Net income was INR 1,701.6 million compared to INR 405.3 million a year ago. Basic earnings per share from continuing operations was INR 13.4 compared to INR 3.19 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.