Supreme Industries Limited — Updates, 24-07-2025: Press Release

Supreme Industries reported a weak Q1, with consolidated PAT falling 26% due to early monsoon impacting agri-piping and inventory losses from declining PVC prices. Despite this, the company is acquiring Wavin's piping business for approximately Rs. 310 Cr and securing a technology license from Wavin B.V., significantly expanding its scale and product offerings. It also secured new orders for 4.31 lakh composite LPG cylinders from BPCL/IOCL, boosting capacity utilization. A Capex of about Rs. 1350 Cr, funded internally, is planned. Management remains positive on future demand and volume growth.