Sumitomo Chemical India Q3FY22 consolidated net profit declines QoQ to Rs. 88.93 crores

Sumitomo Chemical India Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 713.327 crores during the period ended December 31, 2021 as compared to Rs. 918.225 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 88.931 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 154.217 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 1.78 for the period ended December 31, 2021 as compared to Rs. 3.09 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 713.327 crs	₹918.225 crs	-22.31%
Net Profit	₹88.931 crs	₹154.217 crs	-42.33%
EPS	₹1.78	₹3.09	-42.39%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 713.327 crores during the period ended December 31, 2021 as compared to Rs.566.360 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.88.931 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.54.147 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.78 for the period ended December 31, 2021 as compared to Rs.1.08 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 713.327 crs	₹566.360 crs	25.95%
Net Profit	₹88.931 crs	₹54.147 crs	64.24%
EPS	₹1.78	₹1.08	64.81%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.2418.975 crores during the 9 Months period ended December 31, 2021 as compared to Rs.2124.525 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.348.899 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.291.198 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.6.99 for the 9 Months period ended December 31, 2021 as compared to Rs.5.83 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹2418.975 crs	₹2124.525 crs	13.86%
Net Profit	₹348.899 crs	₹291.198 crs	19.82%
EPS	₹6.99	₹5.83	19.90%

Shares of Sumitomo Chemical India Limited was last trading in BSE at Rs. 394.50 as compared to the previous close of Rs. 394.15. The total number of shares traded during the day was 13768 in over 663 trades.

The stock hit an intraday high of Rs. 398.35 and intraday low of 391.75. The net turnover during the day was Rs. 5437011.00.

Source : Equity Bulls

Keywords

SumitomoChemicalIndia Q3FY22 9MFY22 ResultUpdate