HomeNewsBusinessEarningsSumitomo Chemical's net profit shrinks 55% to Rs 61.6 in Q1FY24
Trending Topics

Sumitomo Chemical's net profit shrinks 55% to Rs 61.6 in Q1FY24

Revenue from operations fell 26 percent to Rs 724.2 crore year-on-year in Q1FY24 .

July 31, 2023 / 15:56 IST
Story continues below Advertisement
Sumitomo Chemical
Sumitomo Chemical's Revenue from operations declined 26 percent to Rs 724.2 crore year-on-year in Q1FY24.

Sumitomo Chemical India’s consolidated net profit fell 55 percent to Rs 61.6 crore in the April-to-June quarter as compared to the same period a year before.

Revenue from operations declined 26 percent to Rs 724.2 crore year-on-year in Q1FY24.

Story continues below Advertisement

Earnings Before Income Tax Depreciation and Amortisation fell 57 percent to Rs 80.6 crore year-on-year in the same period.

Total expenses in the April-to-June quarter fell 18 percent to Rs 658.4 crore year-on-year.