BUSINESSCNBC-TV18 Markets · 16 hours agoLive
Supreme Petrochem Q2 Results: Net profit nearly doubles to ₹95 crore; declares ₹2.50 interim dividend
Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
WHY IT MATTERS
The near‑doubling of net profit and a strong revenue rise signal robust performance that could affect shareholders and market sentiment.
WHAT HAPPENED
Supreme Petrochem reported a 97.9% YoY rise in net profit to ₹95 crore for Q2 FY27, while revenue increased 77.8% to ₹1,956 crore. The company also declared an interim dividend of ₹2.50 per share, with October 30 set as the record date.
KEY CONTEXT
Supreme Petrochem is a chemical manufacturing company whose quarterly earnings and dividend announcements are closely watched by investors as indicators of sector health.
WHAT TO WATCH
- •Monitor the stock price reaction around the October 30 record date for the interim dividend
- •Watch for the company’s full‑year earnings release later in the fiscal year
- •Follow any guidance the firm provides on future profit or dividend outlook
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