Sumitomo Chemical India Q3 Profit Dips 13%, Revenue Down 11%; Stock at 52-Week Low
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CNBC Awaaz•27-01-2026, 15:30
Sumitomo Chemical India Q3 Profit Dips 13%, Revenue Down 11%; Stock at 52-Week Low
- •Sumitomo Chemical India reported a 13% year-on-year decrease in net profit to ₹75.6 crore in Q3.
- •Revenue for the quarter fell by 11% to ₹570 crore compared to the previous year.
- •EBITDA declined by 4.6% to ₹101.5 crore, though the margin improved from 16.60% to 17.80%.
- •The company's shares were trading at ₹413, down 1.26%, and have fallen about 12% in 2026, hitting a 52-week low.
- •Sumitomo Chemical India specializes in agrochemicals, providing crop protection and yield enhancement solutions to farmers.
Why It Matters: Sumitomo Chemical India faces financial headwinds with reduced Q3 profit and revenue, impacting its stock performance.
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