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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.