Supreme Industries targets revenue growth despite profit dip

Supreme Industries reported a volume increase of 5% and a product value growth of 3% for FY2025, achieving a net product turnover of INR102.95 billion. Despite revenue growth, the company's consolidated operating profit decreased by 6% to INR15.52 billion, with profit after tax declining 10% to INR9.61 billion. The company is planning a substantial capex of approximately INR11 billion in FY2026. A key element of their growth strategy involves the acquisition of Orbia Wavin's India business. This move aims to increase piping division capacity and grant exclusive access to Orbia Wavin's piping technologies for India and SAARC countries.