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.