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HomeNewsBusinessSumitomo Chemicals Q3 PAT seen up 5.9% YoY to Rs 57 cr: Sharekhan

Sumitomo Chemicals Q3 PAT seen up 5.9% YoY to Rs 57 cr: Sharekhan

Net Sales are expected to increase by 11.2 percent Y-o-Y (down 31.5 percent Q-o-Q) to Rs 624 crore, according to Sharekhan.

January 17, 2022 / 17:28 IST
3.	A ‘smart agricopter’: Once again from the Centre for Innovation, IIT Madras, students have invented an ‘agricopter’ that identifies pest-affected crops with an imaging camera and sprays pesticide. It would certainly save farmers from the hazardous pesticides, and it also claims to be 100 times faster than manual spraying. (Image: Reuters)

3. A ‘smart agricopter’: Once again from the Centre for Innovation, IIT Madras, students have invented an ‘agricopter’ that identifies pest-affected crops with an imaging camera and sprays pesticide. It would certainly save farmers from the hazardous pesticides, and it also claims to be 100 times faster than manual spraying. (Image: Reuters)

 
 
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Sharekhan has come out with its third quarter (October-December’ 21) earnings estimates for the Agri Inputs sector. The brokerage house expects Sumitomo Chemicals to report net profit at Rs 57 crore up 5.9% year-on-year (down 62.8% quarter-on-quarter).

Net Sales are expected to increase by 11.2 percent Y-o-Y (down 31.5 percent Q-o-Q) to Rs 624 crore, according to Sharekhan.

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Broker Research
first published: Jan 17, 2022 05:28 pm

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