Supreme Petrochem announced on Thursday (September 25) that it has commissioned its first ABS (acrylonitrile butadiene styrene) production line at its Amdoshi plant in Nagothane, Maharashtra.
The facility, with an installed capacity of 70,000 tonnes per annum (TPA), was set up with technical support from Versalis, Italy, and commenced production on September 25, 2025, the press release stated.
Q1 results
In Q1 FY26the company’s volumes were largely flat, registering only a 0.5% increase over the previous year. Domestic demand remained subdued, impacted by lower lifting from OEMs and unseasonal rains that affected sales of cooling appliances such as refrigerators and air conditioners. Non-OEM demand also remained tepid.
Despite a muted performance in the first quarter of FY26, Supreme Petrochem is aiming for a 12% growth in volumes for the full fiscal year. “We hope to achieve close to 12% volume growth this year,” said Rakesh Nayyar, Executive Director, in an interview with CNBC-TV18.
Q1FY26 revenue fell 10% year-on-year to ₹1,388 crore, EBITDA declined 21% to ₹115 crore, and profit after tax dropped 24% to ₹81 crore.
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Shares of Supreme Petrochem ended lower on Thursday (September 25) by 1.52% ₹ 847.05 on the NSE.
