The company expects to execute entire quantity of this order over a period of 12 months.

This will facilitate full utilization of existing installed capacity of composite LPG cylinders of the company.

The company has geared itself to double the present capacity to reach one million pieces per annum in next 8 to 9 months' time with a capital outlay of about Rs 50 crore. It would enable the company to execute the present order and meet the increasing demand.

Supreme Industries is a plastics product manufacturer, offering a wide and comprehensive range of plastic products.

The company's consolidated net profit declined 21% to Rs 246 crore in Q3 FY22 from Rs 312 crore in Q3 FY21. Total consolidated income rose by 5% YoY to Rs 1,948 crore during the quarter.

The scrip rose 0.41% to currently trade at Rs 2025.05 on the BSE.