Sumitomo Chemical India declared their Q3 FY24 results on 01 Feb, 2024. The topline decreased by 28.08% & the profit decreased by 39.53% YoY. As compared to the previous quarter, the revenue declined by 40.01% and the profit decreased by 61.86%.
The Selling, general & administrative expenses declined by 8.47% q-o-q & increased by 2.96% Y-o-Y.
The operating income was down by 71.13% q-o-q & decreased by 54.42% Y-o-Y.
The EPS is ₹1.1 for Q3 FY24 which decreased by 39.23% Y-o-Y.
Sumitomo Chemical India has delivered 1.16% return in the last 1 week, -2.14% return in the last 6 months, and -0.32% YTD return.
Currently, Sumitomo Chemical India has a market cap of ₹20103.09 Cr and a 52wk high/low of ₹482 & ₹371 respectively.
As of 03 Feb, 2024, out of 8 analysts covering the company, 1 analyst has given a Sell rating, 4 analysts have given a Buy rating, and 3 analysts have given a Strong Buy rating.
The consensus recommendation as of 03 Feb, 2024, was to Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 542.02 | 903.48 | -40.01% | 753.65 | -28.08% |
| Selling/ General/ Admin Expenses Total | 53.9 | 58.88 | -8.47% | 52.35 | +2.96% |
| Depreciation/ Amortization | 16.12 | 15.77 | +2.19% | 11.39 | +41.5% |
| Total Operating Expense | 492.32 | 731.31 | -32.68% | 644.61 | -23.62% |
| Operating Income | 49.7 | 172.17 | -71.13% | 109.05 | -54.42% |
| Net Income Before Taxes | 75.35 | 195.49 | -61.46% | 120.91 | -37.68% |
| Net Income | 54.71 | 143.45 | -61.86% | 90.48 | -39.53% |
| Diluted Normalized EPS | 1.1 | 2.87 | -61.67% | 1.81 | -39.23% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹54.71Cr
Question : What is Q3 FY24 revenue?
Ans : ₹542.02Cr
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Published: 03 Feb 2024, 02:43 AM IST