The Supreme Industries Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Half Year Ended December 31, 2015
January 25, 2016 at 03:32 am EST
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The Supreme Industries Limited announced unaudited standalone and consolidated earnings results for the second quarter and half year ended December 31, 2015. For the quarter, on standalone basis, the company reported net sales of INR 9,974.779 million against INR 10,074.903 million a year ago. Total income from operations was INR 10,016.342 million against INR 10,656.517 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,215.345 million against INR 952.706 million a year ago. Profit from ordinary activities before tax was INR 1,656.037 million against INR 1,168.455 million a year ago. Net profit from ordinary activities after tax was INR 741.963 million or INR 5.84 basic and diluted per share against INR 527.505 million or INR 4.15 basic and diluted per share a year ago.
For the half year, on standalone basis, the company reported net sales of INR 1,769.877 million against INR 17,590.755 million a year ago. Total income from operations was INR 17,743.730 million against INR 18,250.216 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,787.876 million against INR 1,418.052 million a year ago. Profit from ordinary activities before tax was INR 1,656.037 million against INR 1,168.455 million a year ago. Net profit from ordinary activities after tax was INR 1,104.537 million or INR 8.70 basic and diluted per share against INR 788.955 million or INR 6.21 basic and diluted per share a year ago.
For the quarter, on consolidated basis, the company reported net sales of INR 9,975.831 million against INR 10,076.606 million a year ago. Total income from operations was INR 10,017.394 million against INR 10,658.378 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,215.510 million against INR 954.533 million a year ago. Profit from ordinary activities before tax was INR 1,124.628 million against INR 796.329 million a year ago. Net profit from ordinary activities after tax was INR 742.128 million or INR 6.47 basic and diluted per share against INR 529.329 million or INR 2.78 basic and diluted per share a year ago.
For the half year, on consolidated basis, the company reported net sales of INR 17,671.508 million against INR 17,594.270 million a year ago. Total income from operations was INR 17,745.361 million against INR 18,253.889 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,788.468 million against INR 1,420.298 million a year ago. Profit from ordinary activities before tax was INR 1,613.220 million against INR 1,127.287 million a year ago. Net profit from ordinary activities after tax was INR 1,066.854 million or INR 8.40 basic and diluted per share against INR 747.787 million or INR 4.75 basic and diluted per share 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 Announces Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Half Year Ended December 31, 2015