Supreme Petrochem Q2 FY22 PAT grows 47% to Rs 127 cr

Image
Capital Market
Last Updated : Oct 21 2021 | 12:04 PM IST

Supreme Petrochem's standalone net profit jumped 47.49% to Rs 127.07 crore on a 71.56% surge in total income from operations (net) to Rs 1,190.76 crore in Q2 FY22 over Q2 FY21.

The board has declared an interim dividend of Rs 4 per equity share of the company (viz. 40%) for the FY 2021-2022 on its paid up equity share capital (consisting of 9,40,20,671 equity shares of Rs 10 each) entailing an outgo of Rs 37.60 crore. The company has fixed 3 November 2021 as the record date for the purpose of eligibility for aforesaid interim dividend.

Supreme Petrochem is engaged in the business of styrenics and manufactures polystyrene (PS), expandable polystyrene (EPS), masterbatches and compounds of styrenics and other polymers, extruded polystyrene insulation board (XPS) and styrene methyl methacrylate (SMMA).

The scrip shed 6.37% to currently trade at Rs 686.75 on BSE.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Oct 21 2021 | 11:42 AM IST

Next Story