Supreme Petrochem Ltd.

NSE: SPLPETRO | BSE: 500405 | ISIN: INE663A01033 | Industry: Petrochemicals
| Mid-range Performer

661.35
3.55%
KRChoksey
COVID-19 severely affected volumes; fall in domestic volume greater than export volume: The business was impacted due to COVID-19 pandemic and the ensuing lockdown that followed. Domestic volumes shrunk to 38% of the volumes in the corresponding quarter of the previous year. On exports front, the company performed well. Including exports, the company could sell only 53% of the total volumes in the corresponding quarter of the previous year. Company continues to face challenges with regards to labor shortages & restrictions on full fledged operations in some regions. It is currently operating at 70% utilization levels. Gross margin contracts; EBITDA turns negative for the quarter: Gross Profit Margin contracted...
Supreme Petrochem Ltd. has gained 15.51% in the last 1 Month
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