Supreme Industries gets Rs 54 cr repeat order for LPG cylinders from BPCL
SUPREMEIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Supreme Industries has received a Letter of Acceptance from Bharat Petroleum Corporation Ltd (BPCL) for a repeat tender order to supply about 2 lakh (200,000) units of 10 Kg Composite LPG Cylinders, valued at around Rs 54 crore. The domestic order must be executed within 6 months from the LOA, with a possible 6-month extension at BPCL's discretion. No promoter or related party interest is involved.
Modest repeat order worth Rs 54 cr from BPCL reaffirms existing customer relationship in LPG cylinders. Positive for the segment but small relative to overall business scale.