Economy
Supreme Petrochem Declares ₹2.50 Interim Dividend as Q2 Profit Surges 97%

Supreme Petrochem Declares ₹2.50 Interim Dividend as Q2 Profit Surges 97%

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THE BRIEF
1

Supreme Petrochem announced a first interim dividend of ₹2.50 per equity share for FY27 alongside September quarter results on Friday, October 23, with October 30 fixed as the record date.

2

The petrochemical company reported a 77.8% year-on-year increase in operational revenue to ₹1,956 crore and a 97% rise in profit after tax to ₹95 crore for the second quarter.

3

The dividend payout entails an outgo of ₹4,701.03 lakh on the company's paid-up equity share capital consisting of 188,041,342 shares of ₹2 each.