ECONOMY

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

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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

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