Sumitomo Chemical India Ltd's Q3FY25 Quarter Results
- 28 Jan 2025
Result Summary
- Sumitomo Chemical India Ltd reported a 34.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 18.3%.
- Its expenses for the quarter were down by 26.8% QoQ and up 12.8% YoY.
- The net profit decreased 54.6% QoQ and increased 59.8% YoY.
- The earnings per share (EPS) of Sumitomo Chemical India Ltd stood at 1.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 673.15 | 1019.53 | 568.89 | -34.0% | 18.3% |
Total Expenses | 556.65 | 759.95 | 493.54 | -26.8% | 12.8% |
Profit Before Tax | 116.50 | 259.57 | 75.35 | -55.1% | 54.6% |
Tax | 29.07 | 67.04 | 20.63 | -56.6% | 40.9% |
Profit After Tax | 87.43 | 192.54 | 54.72 | -54.6% | 59.8% |
Earnings Per Share | 1.70 | 3.90 | 1.10 | -56.4% | 54.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sumitomo Chemical India Ltd is a prominent player in the agrochemical industry, primarily engaged in the production and distribution of a wide range of products including crop protection chemicals, environmental health products, and specialty chemicals. The company operates within an industry that is critical to agricultural productivity and sustainability, providing solutions that enhance crop yield and protect against pests and diseases. As of the latest available information, there are no specific major developments or changes in operations available for Sumitomo Chemical India Ltd.
Revenue
In Q3FY25, Sumitomo Chemical India Ltd reported a total income of ₹673.15 crores, reflecting a decrease of 34.0% from the previous quarter's total income of ₹1019.53 crores. Compared to the same quarter in the previous fiscal year (Q3FY24), there was an increase in total income by 18.3%, where the income was ₹568.89 crores. This year-over-year growth underscores a positive trajectory in revenue generation, despite the quarter-over-quarter decline observed.
Profitability
The company's profitability for Q3FY25 can be assessed through its profit before tax (PBT) and profit after tax (PAT). The PBT for the quarter stood at ₹116.50 crores, which marks a significant decline of 55.1% from the previous quarter's figure of ₹259.57 crores. However, on a year-over-year basis, there was a growth of 54.6% from Q3FY24's PBT of ₹75.35 crores. Similarly, the PAT for Q3FY25 was ₹87.43 crores, down by 54.6% quarter-over-quarter from ₹192.54 crores but up by 59.8% year-over-year from ₹54.72 crores. The earnings per share (EPS) for Q3FY25 is reported at ₹1.70, down from ₹3.90 in the previous quarter, yet up from ₹1.10 in Q3FY24.
Operating Metrics
The total expenses for Q3FY25 were ₹556.65 crores, which represents a decrease of 26.8% from the previous quarter's total expenses of ₹759.95 crores. Year-over-year, total expenses increased by 12.8% from ₹493.54 crores in Q3FY24. The tax expense for Q3FY25 was ₹29.07 crores, showing a quarter-over-quarter decline of 56.6% from ₹67.04 crores in Q2FY25. On a year-over-year basis, the tax expense increased by 40.9% from ₹20.63 crores in Q3FY24. These operating metrics offer insights into the company’s cost management and tax obligations over the observed periods.
