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Hot Pursuit News

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(26 Apr 2024, 13:59)

Supreme Inds records PAT of Rs 355 crore in Q4; OPM at 17.56%

Supreme Industries has reported 1.28% fall in consolidated net profit to Rs 354.82 crore on a 15.95% increase in total consolidated income to Rs 3,025.98 crore in Q4 FY24 over Q4 FY23.


While the operating profit of the company remained flat at Rs 531.36 crore during the period under reivew, operating profit margin (OPM) declined to 17.56% in Q4 FY24 from 20.29% in Q4 FY23.

Profit before tax for Q4 FY24 stood at Rs 464.56 crore as against Rs 464.66 crore in Q4 FY23.

For FY24, Supreme Industries has recorded net profit and revenues of Rs 1,069.72 crore (up 23.62% YoY) and Rs 10,199.95 crore (up 10.49% YoY), respectively.

The company has total cash surplus of Rs 1,178 crore as on 31 March 2024 as against cash surplus of Rs 738 crore as on 31 March 2023.

The board of directors of the company has recommended payment of final dividend of Rs 22 per share for the year ended 31 March 2024. This along with interim dividend of Rs 8 per share aggregates to a total...

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