Poging GOUD - Vrij

Supreme Inds rattles investors

Mint Bangalore

|

October 29, 2025

Sticky issue Supreme Industries' Q2FY26 margin declined year-on-year, hit by the downtrend in polymer prices.

- Harsha Jethmalani harsha.j@htlive.com

Pipe maker Supreme Industries Ltd is hoping to find respite from demand and margin woes in the second half of the financial year (H2FY26) after a patchy first half.

The likely imposition of an antidumping duty on PVC resin in November, and improved agriculture and plumbing demand are expected to buoy earnings prospects.

Still, following the muted September quarter (Q2FY26), a meaningful revival may be easier said than done. Q2 volumes increased around 12% year-on-year. The key plastic piping segment rose 17%, partly aided by Wavin Industries' plastic pipes business acquisition in August. Consumer products, industrial and packaging are its other businesses.

MEER VERHALEN VAN Mint Bangalore

Mint Bangalore

Mint Bangalore

Open fires provide a hot take on dining

Tandoors, fires and grills return to the kitchen as chefs try to draw out deeper flavours, and give guests a ringside view of their process

time to read

4 mins

November 01, 2025

Mint Bangalore

Pune firm cracks rare earth code, but magnet gap stays

Aluminium Research Development and Design Centre, which monitors the funded companies.

time to read

1 mins

November 01, 2025

Mint Bangalore

Pune firm cracks rare earth code; magnet gap stays

China had imposed an export ban on rare earth magnets and stopped shipping metal-processing equipment in April.

time to read

1 mins

November 01, 2025

Mint Bangalore

Ford to retool TN unit with $370 mn

Ford Motor Co. plans to invest about 32.5 billion rupees ($366 million) in India to make new engines, the Detroit-based automaker said Friday, signaling renewed confidence in the country and defying Donald Trump’s promotion of American manufacturing as it reopens a factory closed four years ago.

time to read

1 min

November 01, 2025

Mint Bangalore

Mint Bangalore

Swiggy bets on new formats to fuel food delivery growth

Co targets steady-state margin of 5% of gross order value, balancing growth and profitability

time to read

2 mins

November 01, 2025

Mint Bangalore

Mint Bangalore

Lose the pepper shaker, grind it fresh

What does one write about a spice that sits quietly beside salt on every dining table?

time to read

4 mins

November 01, 2025

Mint Bangalore

Mint Bangalore

Return of the small car to even draw rivals: Maruti’s Bhargava

years, including Hyundai’s Santro and Eon, and Tata Motors’ Nano. Newer entrants completely skipped this segment in the face of rising consumer appetite for SUVs, which also tend to accrue better margins for manufacturers.

time to read

2 mins

November 01, 2025

Mint Bangalore

Mint Bangalore

The power games behind renaming places

India could offer some renaming mentorship and guidance to the US in exchange for tariff concessions

time to read

5 mins

November 01, 2025

Mint Bangalore

Fiscal deficit in control despite capex rise

the annual budget estimates, while total revenue receipts stood at 116.22 trillion, or 51.8% of the estimates for 2024-25.

time to read

1 min

November 01, 2025

Mint Bangalore

Japanese automakers seek new ignition in innovation, India

Japanese carmakers are pinning hopes on technology and new launches to counter Chinese rivals' expanding footprint, shortages of rare-earth magnets and chips, as well as US tariffs-with India keeping their growth engines humming.

time to read

2 mins

November 01, 2025

Listen

Translate

Share

-
+

Change font size