The Supreme Industries Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 25, 2017 at 07:42 am
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The Supreme Industries Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on standalone basis, the company reported total turnover of INR 11,072.4 million against INR 9,925.9 million a year ago. Operating profit was INR 1,847.7 million against INR 1,549.8 million a year ago. Profit before tax & exceptional items were INR 1,409.0 million against INR 1,145.4 million a year ago. Profit after tax was INR 930.5 million against INR 762.9 million a year ago.
For the nine months, on standalone basis, the company reported total turnover of INR 31,790.5 million against INR 29,628.2 million in previous year ended March 31, 2016. Operating profit was INR 5,191.1 million against INR 4,621.2 previous year ended March 31, 2016. Profit before tax & exceptional items were INR 3,846.1 million against INR 3,375.1 million in previous year ended March 31, 2016. Profit after tax was INR 2,521.1 million against INR 2,115.0 million in previous year ended March 31, 2016.
For the quarter, on consolidated basis, the company reported total income of INR 11,078.2 million against INR 9,930.9 million a year ago. Operating profit was INR 1,954.1 million against INR 1,625.8 million a year ago. Profit before tax & exceptional items were INR 1,486.5 million against INR 1,221.4 million a year ago. Net profit after tax was INR 1,008.0 million against INR 838.9 million a year ago.
For the nine months, on consolidated basis, the company reported total income of INR 31,821.9 million against INR 29,637.5 million in previous year ended March 31, 2016. Operating profit was INR 5,521.2 million against INR 4,791.3 million in previous year ended March 31, 2016. Profit before tax & exceptional items were INR 4,147.3 million against INR 3,458.3 million in previous year ended March 31, 2016. Net profit after tax was INR 2,822.3 million against INR 2,198.2 million in previous year ended March 31, 2016.
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 Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016