Sumitomo Chemical India Ltd Q1FY23 consolidated profit climbs to Rs. 138.13 crores

Sumitomo Chemical India Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 990.185 crores during the period ended June 30, 2022 as compared to Rs. 672.418 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 138.132 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 74.659 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.77 for the period ended June 30, 2022 as compared to Rs. 1.50 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹990.185 crs	₹672.418 crs	47.26%
Net Profit	₹138.132 crs	₹74.659 crs	85.02%
EPS	₹2.77	₹1.50	84.67%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs.990.185 crores during the period ended June 30, 2022 as compared to Rs.787.423 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.138.132 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.105.747 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.77 for the period ended June 30, 2022 as compared to Rs.2.12 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹990.185 crs	₹787.423 crs	25.75%
Net Profit	₹138.132 crs	₹105.747 crs	30.62%
EPS	₹2.77	₹2.12	30.66%

Shares of Sumitomo Chemical India Limited was last trading in BSE at Rs. 480.50 as compared to the previous close of Rs. 473.25. The total number of shares traded during the day was 61871 in over 2172 trades.

The stock hit an intraday high of Rs. 485.00 and intraday low of 472.55. The net turnover during the day was Rs. 29569552.00.

Source : Equity Bulls

Keywords

SumitomoChemicalIndia Q1FY23 ResultUpdate