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Supreme Petrochemicals Q2 PAT seen up 21.5% YoY to Rs 154.4 cr: KR Choksey

Net Sales are expected to increase by 17.9 percent Y-o-Y (down 5.5 percent Q-o-Q) to Rs 1,403.7 crore, according to KR Choksey.

October 13, 2022 / 04:37 PM IST
Supreme Petrochem: Supreme Petrochem Q1 profit rises 29% to Rs 189 crore on healthy topline. The company clocked a 29.3% year-on-year growth in profit at Rs 189 crore for the quarter ended June 2022, following healthy topline growth. Revenue grew by 41.7% YoY to Rs 1,485.4 crore during same period.

Supreme Petrochem: Supreme Petrochem Q1 profit rises 29% to Rs 189 crore on healthy topline. The company clocked a 29.3% year-on-year growth in profit at Rs 189 crore for the quarter ended June 2022, following healthy topline growth. Revenue grew by 41.7% YoY to Rs 1,485.4 crore during same period.

 
 
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KR Choksey has come out with its second quarter (July-September’ 22) earnings estimates for the Specialty Chemical sector. The brokerage house expects Supreme Petrochemicals to report net profit at Rs 154.4 crore up 21.5% year-on-year (down 18.3% quarter-on-quarter).

Net Sales are expected to increase by 17.9 percent Y-o-Y (down 5.5 percent Q-o-Q) to Rs 1,403.7 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.6 percent Y-o-Y (down 19.1 percent Q-o-Q) to Rs 203.5 crore.

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