Supreme Industries Ltd has received a Letter of Acceptance from Bharat Petroleum Corporation Ltd (BPCL) for the supply of around 200,000 10-kg composite LPG cylinders, the company said in an exchange filing.

The repeat order was awarded through a tender process and is estimated to be valued at approximately Rs 540 million, reflecting continued business engagement between the two companies. The contract will be valid for six months from the date of issuance of the Letter of Acceptance and may be extended by BPCL for a further period of up to six months.

Supreme Industries clarified that the order has been awarded by a domestic entity and does not qualify as a related-party transaction.

Earlier, while announcing its September quarter results in October, the company reported an 8 per cent growth in overall volumes during the first six months of the financial year. It also indicated that full-year volume growth is expected to be in the range of 12 per cent to 14 per cent, supported by steady demand across segments.

Following its June quarter performance, Supreme Industries revised its FY26 guidance, raising volume growth in the Plastic and Furniture segments to 15 per cent to 17 per cent. The company also increased its overall volume growth guidance for FY26 to 14 per cent to 15 per cent, while maintaining its EBITDA margin guidance at 14.5 per cent to 15.5 per cent.

For the July–September quarter, Supreme Industries reported a 20 per cent year-on-year decline in net profit to Rs 1.65 billion. Revenue for the same period rose 5 per cent to Rs 22.73 billion, indicating stable topline growth despite pressure on profitability.