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Dolat Capital Report
Supreme Industries Ltd. results above estimates on revenue front as there was an overall revival seen in volumes across segments.
Gross margins expanded by 425 basis points YoY driven by higher realizations, better product mix and inventory gains due to increase in PVC prices.
Share of added products increased by 9% YoY.
The company reported volume de-growth of 2% in piping segment in Q2 FY21, as the non-agriculture segment supported in the revival of volumes with improvement in demand for new houses.
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