Sumitomo Chemical India Limited — Important, 29-10-2024: Updates

Sumitomo Chemical India Limited reported a 9% revenue increase to ₹988 crore for Q2 FY25, alongside a 34% rise in net profit. Despite adverse weather impacting product usage, the company focused on profitability, achieving a gross profit margin of 42.6%. Notable growth in marketing efforts was highlighted by their "Every Day Farmers' Day" campaign, connecting with over 547,000 farmers. Strong cash reserves of ₹1,556 crore support continued expansion and operations.