Sumitomo Chemical India's Consolidated Net Profit Rises in Fiscal Q1

MT Newswires Live
08/04

Sumitomo Chemical India (NSE:SUMICHEM, BOM:542920) witnessed an increase in its consolidated net profit to 1.78 billion Indian rupees in the fiscal first quarter ended June 30 against 1.27 billion rupees a year ago.

Earnings per share climbed to 3.57 rupees from 2.54 rupees a year earlier, according to a Monday filing to the Indian bourses.

Revenue from operations in fiscal Q1 also jumped to 10.6 billion rupees from 8.39 billion rupees a year earlier.

Shares of the company went up over 1% at market close.

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