Sumitomo Chemical India Q1 Profit Rises 20% YoY

Sumitomo Chemical India Ltd.

recently announced its financial results for the first quarter of the fiscal year 2027.

The company's net profit increased by 20.4% compared to the same period last year, reaching ₹216.5 crore.

This growth was partly due to an exceptional insurance claim of ₹26.9 crore related to a fire incident at their Bhavnagar plant.

Revenue from operations also saw a slight increase to ₹1,054 crore.

The company's earnings per share improved to ₹4.34.

However, it's important to note that the business is seasonal and can be affected by monsoon and climatic conditions.

For the entire fiscal year 2026, the company reported a net profit of ₹543.1 crore and revenue of ₹3,185.8 crore.