Supreme Industries Q1 profit falls 19% despite acquisition

Supreme Industries reported consolidated operating profit fell 19% to INR 344.06 crores in Q1 FY26, despite sales volume rising 5.73% to 183,793 MT. Total income remained flat at INR 2626.13 crores.

The company announced Business Transfer Agreements with Wavin Industries Limited and subsidiaries for approximately INR 310 crores, effective August 1, 2025. Supreme Industries also secured a Master Technology License Agreement with Wavin B.V. Netherlands to expand its product offerings and market reach.