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Supreme Industries reports 64% fall in Q2 consolidated net profit

31 Oct 2022 Evaluate

Supreme Industries has reported results for second quarter ended September 30, 2022.

The company has reported fall of 53.93% in its net profit at Rs 104.09 crore for Q2FY23 as compared to Rs 225.93 crore for the corresponding quarter previous year. However, total income of the company increased by 8.32% to Rs 2132.61 crore for the quarter under review as compared to Rs 1968.79 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 64.14% in its net profit at Rs 82.02 crore for the quarter under review as compared to Rs 228.71 crore for the same quarter in the previous year. However, total income of the company increased by 8.25% to Rs 2092.12 crore for the quarter under review as compared to Rs 1932.63 crore for the same quarter in the previous year.

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