Sumitomo Chemical India Sets Ambitious Growth Targets for FY '26
Sumitomo Chemical India Limited has announced its strategic outlook for FY 2026, focusing on margin sustainability and growth. The company plans to maintain robust margins through tight cost controls and operational efficiency. It aims for 10% net growth in the domestic market and 20% top-line growth in exports. New product launches are scheduled for FY '25-'26. The company emphasizes meeting profitability expectations, even at the cost of potentially lower revenues. While expressing optimism about favorable agro-climatic conditions and commodity pricing stability, Sumitomo remains cautious about committing to specific revenue growth figures.
26May 25
Sumitomo Chemical India Reports Lower Q4 Profit, Recommends Dividend
Sumitomo Chemical India's Q4 results show a 9.45% decrease in net profit to ₹996.00 million, despite a slight 0.74% increase in revenue to ₹6,790.00 million. EBITDA fell by 15% to ₹1,190.00 million, with EBITDA margin contracting to 17.60% from 20.79%. The board recommended a dividend of ₹1.20 per share.