Announced Mon, 27 Jul · 18:25 IST
Supreme Petrochem announces 325 Cr Polystyrene capacity expansion
SPLPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Board approved Q1 FY27 results and a new 80,000 TPA Polystyrene line at Amdoshi Complex, costing Rs 325 Crores, funded by internal accruals, completion by March 2029. Total PS capacity to rise to 3,80,000 TPA. Q1 consolidated revenue grew 22 percent YoY to Rs 1,711 Crores, PAT nearly tripled to about Rs 238 Crores versus Rs 82 Crores last year.
Likely market impact
Positive growth signal. Debt-free balance sheet funds expansion. Strong Q1 results support capex plan for future appliance and export demand.