Supreme Industries Bags BPCL LPG Cylinder Supply Order
ECONOMY & POLICY

Supreme Industries Bags BPCL LPG Cylinder Supply Order

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.

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.

Next Story
Infrastructure Urban

9th India–Myanmar Joint Trade Committee Meeting Held in Nay Pyi Taw

The ninth meeting of the India–Myanmar Joint Trade Committee (JTC) was held in Nay Pyi Taw, Myanmar, with a focus on strengthening bilateral trade and deepening economic cooperation. The meeting was co-chaired by U Minn Minn, Deputy Minister, Ministry of Commerce of the Republic of the Union of Myanmar, and Nitin Kumar Yadav, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India.Representatives from relevant ministries and stakeholder departments from both countries participated in the discussions. The meeting covered a broad range of issues aim..

Next Story
Infrastructure Urban

DGCA Launches Digital Pilot Licence Services for ATPL

The Directorate General of Civil Aviation (DGCA) has launched Electronic Personnel Licence (EPL) services for the Airline Transport Pilot Licence (ATPL), marking a significant step in the regulator’s ongoing digital transformation of aviation licensing in India. The service was inaugurated at an event held at the DGCA headquarters.Inaugurating the EPL ATPL service, Director General of Civil Aviation Faiz Ahmed Kidwai said the initiative represents a major advancement in strengthening India’s civil aviation regulatory framework through secure, modern and future-ready digital systems. He con..

Next Story
Infrastructure Urban

Cabinet Extends Atal Pension Yojana and Support Till 2030–31

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of the Atal Pension Yojana (APY) up to the financial year 2030–31, along with the extension of government funding support for promotional and developmental activities and gap funding to ensure the scheme’s long-term sustainability.Under the approved framework, APY will continue to receive government support aimed at expanding its reach among unorganised and low-income workers. This includes funding for awareness campaigns, capacity-building initiatives and other developmental activities to strengthen ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App