Hot Pursuit     20-Apr-21
Supreme Petro climbs after Ind-Ra upgrades long-term rating
Supreme Petrochem surged 10.48% to Rs 645 after India Ratings and Research (Ind-Ra) upgraded the company's long-term rating with stable outlook.
Ind-Ra upgraded Supreme Petrochem's long-term rating to 'IND AA-' from 'IND A+' with stable outlook and confirmed short-term rating at 'IND A1+' for the company's fund and non-fund based working capital facilities from banks.

Supreme Petrochem's net profit surged to Rs 171.62 in Q3 FY21 from Rs 2.07 crore Q3 FY20. Net sales rose jumped 50% to Rs 928.79 crore in the third quarter from Rs 619.08 crore in the same period last year.

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).

Previous News
  Supreme Petrochem receives upgrade in credit ratings
 ( Corporate News - 15-Sep-22   20:05 )
  Supreme Petrochem receives affirmation in ratings for bank facilities
 ( Corporate News - 15-Sep-22   20:31 )
  Supreme Petrochem Q3 PAT slumps 46% to Rs 90 cr
 ( Hot Pursuit - 24-Jan-23   12:56 )
  Supreme Petrochem reports standalone net profit of Rs 28.63 crore in the September 2016 quarter
 ( Results - Announcements 24-Oct-16   18:23 )
  Supreme Petrochem reports standalone net profit of Rs 26.44 crore in the December 2015 quarter
 ( Results - Announcements 22-Jan-16   19:40 )
  Supreme Petrochem Q3 PAT slides 24.67% YoY to Rs 68 cr
 ( Hot Pursuit - 19-Jan-24   15:11 )
  Supreme Petrochem to discuss results
 ( Corporate News - 07-Oct-22   17:46 )
  Supreme Petrochem fixes record date for payment of interim dividend
 ( Market Beat - Reports 26-Oct-17   18:38 )
  Supreme Petrochem standalone net profit rises 76.08% in the June 2024 quarter
 ( Results - Announcements 20-Jul-24   07:40 )
  Supreme Petrochem to buyback shares up to Rs 62.67 crore
 ( Corporate News - 17-Mar-20   11:50 )
  Supreme Petrochem to discuss results
 ( Corporate News - 21-Apr-21   09:36 )
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