Supreme Petrochem Q1 Review – Numbers Mostly In Line, Modest Beat On Revenue Front: KRChoksey

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

For Q1 FY22, Supreme Petrochem Ltd.’s revenue increased by a whopping 258.5% y-o-y to Rs 10,478 million mainly on account of low base and plant operations returning to normalcy as compared to a Covid-19 hit last year.

Ebitda has grown manifold, from a negative Rs 32 million in Q1 FY21 to Rs 1,974 million in Q1 FY22, however sequentially Ebitda saw a decline of 37.6%.

Ebitda margin expanded by 1993 basis points y-o-y to 18.8% on a negative base of last year.

Supreme Petrochem’s net profit stood at Rs 1,463 million against a loss of Rs 119 million in the corresponding quarter of last year.

Click on the attachment to read the full report:

KRChoksey Supreme Petrochem Q1FY22 Result Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
usanewswall Governmental News Finance News

Source link

Back to top button