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Supreme Industries Ltd reports 20% drop in Q2 profit to Rs 165 cr due to higher expenses. Revenue up, volume growth expected.

Supreme Industries plans to acquire Orbia Advance Corporation's pipes and fittings business in India for USD 30 million, expanding its reach and providing advanced water management solutions.

Supreme Industries Ltd reported a 22% increase in its consolidated net profit to Rs 256.17 crore in Q3 FY24. Revenue from operations rose 6% to Rs 2,449.10 crore.