Affected by destocking by distributors of plastic piping, furniture and cross laminated films ahead of GST implementation, Supreme's post tax earnings slid 26.3% to Rs 75.29 crs ($11.7m) in Q1 compared to Rs 102.15 crs ($15.3m) in the same quarter a year ago. Intensity of demand deferment manifested itself in overall sales volumes, which tumbled 5% to 92916 mt, the lowest June quarter reading since 2014. Both plastic piping system and consumer products bore the brunt of 'one tax' regime for their volumes shriveled by 7% and 8% respectively. Yet largely...