Supreme Petrochem Company has announced the results of the second quarter of the current financial year. The company has informed in the exchange filing that both its profit and earnings have increased. The company said that its profit has increased from Rs 78 crore to Rs 90.3 crore on an annual basis. Talking about earnings, it has also increased by about Rs 228 crore. The company said that its earnings have increased from Rs 1277.7 crore to Rs 1505 crore on an annual basis. Talking about the company's EBITDA, it has increased from Rs 106.3 crore to Rs 125.3 crore. The EBITDA margin is unchanged at 8.3%.
 

Share surge
Talking about the company's stock in today's session, it registered a rise of 1 percent today. The company's stock closed at 788.10 today, up 7.80 points. The company's stock has given a return of 40.83 percent since January, 38.03 percent in 1 year and 128.53 percent in 3 years. A look at the ratings Two weeks ago, Supreme Petrochem received confirmation in its credit rating from India Ratings and Research. The company's outlook has been changed from stable to positive. As per the rating details, the rating for long term is - IND AA-; Positive, for fund based limitation IND AA-; Positive/ IND A1+ Non fund based limitation - IND AA-; Positive/ IND A1+.