Bengaluru, July 28 -- Sometimes a company's numbers look strong not because more was sold, but because what was sold made a lot more money. That's roughly what played out this quarter for this polymer maker, where profit nearly tripled even as volumes dropped.

With a market capitalization of around Rs.14,127 crore, shares of Supreme Petrochem Limited were trading near Rs.751 apiece, within a 52-week range of Rs.462.30 to Rs.981.65, and a P/E of roughly 29x.

Profit Nearly Triples Despite Lower Volumes

For the June quarter, Supreme Petrochem's operating consolidated revenue rose 22.1% YoY to Rs.1,693 crore, while operating EBITDA jumped 188.1% YoY to Rs.331 crore. Net profit surged 192.1% YoY to Rs.236 crore, with PAT margin expanding sh...