Supreme Industries (SI) reported an in-line blended plastics volume growth of 36.4% YoY (4-year CAGR of 7.0%) in Q1FY24 on a low base, driven by 47.7% YoY volume growth in the pipes segment (4-year CAGR of 8.3%). Blended EBIT/kg declined 12.2% YoY to INR17.3 (-38.3% QoQ) with pipes EBIT/kg declining 14.6% YoY to INR16.6 (-43.5% QoQ).