Supreme Petrochem Q2FY27: Profit Down 60%, Revenue Up 16% | CNBC TV18
CNBC-TV18 · 26 Oct 2026 · 8 min
Management interview of Supreme Petrochem Ltd (SPLPETRO), with 6 key numbers discussed.
- Rakesh Nayyar, ED, Supreme Petrochem
Supreme Petrochem reported pressured sequential margins due to higher global styrene prices, duty-free polymer imports, and surging freight rates. While domestic demand remains robust across appliances, exports were hit severely and dropped 65-68% in H1. For FY27, management guides for overall volume growth of not more than 5%, with full-year exports likely down 70-75%. Container freight rates touched $4,000 against normal levels of $250-$300, reducing margins. The company aims to absorb new capacities locally as India expands its appliance manufacturing base.