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600% interim dividend declared by Supreme Industries
26 Oct
Summary
- Supreme Industries declared a ₹12 interim dividend, a 600% payout.
- The stock fell 4% to ₹3,250 on Monday after the dividend announcement.
- Company income grew 28.50% YoY in Q2FY27, but net profit dipped QoQ.
On October 26, 2026, Supreme Industries declared an interim dividend of ₹12 per share, representing a 600% payout. This announcement followed the company's Q2 results. The interim dividend declaration did not prevent a stock decline, with shares closing 4% lower at ₹3,250 on Monday.
The company's Q2FY27 performance showed robust year-over-year growth, with total income rising to ₹3,369.96 crore from ₹2,409.41 crore. Sequentially, total income also saw an increase of 23.58%. However, net profit experienced a slight decrease on a quarter-over-quarter basis, falling from ₹280.72 crore in Q1FY27 to ₹262.44 crore in Q2FY27.
Despite the sequential profit dip, net profit demonstrated strong year-over-year growth, increasing by over 59% from ₹164.74 crore in Q2FY26 to ₹262.44 crore in Q2FY27. Supreme Industries has a consistent history of dividend payments, with this being the second dividend declared in 2026. The company also previously announced a final dividend of ₹25 per share.
