Sumitomo Chemicals Q3: Profit Dips 13%, Revenue Down 11%
Market
C
CNBC TV18•27-01-2026, 14:28
Sumitomo Chemicals Q3: Profit Dips 13%, Revenue Down 11%
- •Sumitomo Chemical India Ltd. reported a decline in both revenue and profit for the December quarter.
- •Net profit fell 13% year-on-year to ₹75.6 crore from ₹87 crore in the same quarter last year.
- •Revenue declined 11% year-on-year to ₹570 crore from ₹642 crore.
- •EBITDA slipped 4.6% year-on-year to ₹101.5 crore, though margins improved to 17.80%.
- •Shares of Sumitomo Chemical India Ltd. were trading 1.26% lower at ₹413 on Tuesday.
Why It Matters: Sumitomo Chemicals faced a challenging Q3 with a 13% profit drop and 11% revenue decline.
✦
More like this
Loading more articles...
