Supreme Industries Bags BPCL LPG Cylinder Supply Order

31 Dec 2025 CW Team

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.

Real Estate

28 Feb 2026

Casagrand Launches Keystone In Tiruppur

Casagrand has launched Casagrand Keystone, a gated residential development at Rakkiyapalayam, off Avinashi Road, in Tiruppur. Spread across 2.2 acres, the B+G+5 structure comprises 142 units of 2 and 3 BHK homes, supported by 48 indoor and outdoor amenities. The project is introduced at a starting price of Rs 5,199 per sq. ft. The development allocates 1.3 acres to open space, including a central park of about 24,500 sq. ft. A 6,800 sq. ft. clubhouse includes a multipurpose hall, mini theatre and indoor recreation facilities. Other amenities include a 5,100 sq. ft. swimming pool, poolside par..

Premium homes account for half of India’s housing sales in 2025

Knight Frank India, in its latest report on India’s office and residential property market, has highlighted a significant shift in housing demand, with homes priced above Rs 10 million accounting for 50 per cent of total residential sales across the top eight cities in 2025. The findings underscore the growing dominance of premium housing in the country’s real estate landscape.Out of 348,247 residential units sold during the year, approximately 175,091 units were in the Rs 10 million-plus category, marking a 14 per cent year-on-year increase. The data reflects changing buyer preferences, w..

Xbattery launches XB-5K energy storage system for homes, offices

Xbattery, a Hyderabad-based deep-tech company specialising in next-generation energy storage and battery management technologies, has introduced its flagship XB-5K, a scalable 5kWh energy storage system designed for homes and offices in India.The XB-5K is built on the company’s indigenously developed BharatBMS platform, described as India’s first universal high-voltage battery management system architecture aimed at reducing import dependence and improving after-sales service capabilities. The launch comes as India seeks to strengthen domestic manufacturing and address reliance on imported..