Muted revenue growth; lower margins for Sumitomo Chemicals: ICICI Securities
Sumitomo is likely to benefit from strong R&D support of its parent and steady distribution expansion in India.
Sumitomo is likely to benefit from strong R&D support of its parent and steady distribution expansion in India.
It has delayed utility capex, instead expanding production capacity which will enable SCIL to earn revenue of Rs15bn with total capex of Rs7.5bn by end-FY22.
UPL has maintained its leadership and likely gained market share across geographies.
The company registered total income of Rs 83.06 crore for the quarter ended September 30, 2021.
UPL has reported total income of Rs.19177 crores during the 6 months period ended September 30, 2021.
It has posted net profit of Rs.3.88 crores for the 6 months period ended September 30, 2021.
HOCL has reported total income of Rs.140.74 crores during the 6 months period ended September 30, 2021.
The company has posted net profit of Rs.5.35 crores for the 6 months period ended September 30, 2021.
The company has posted net profit of Rs.42.23 crores for the 6 months period ended September 30, 2021.
The net profit of the company is Rs 55.08 crore for the 6 months period ended September 30, 2021.
The company has reported total income of Rs.29.82 crores during the 6 months period ended September 30, 2021.
The company registered net profit of Rs 312.57 crore for the 6 months period ended September 30, 2021.
Unfavorable market conditions together with an increased competition were the primary factors for the shutdown
Company posted third quarter 2021 adjusted net income of $239 million compared to adjusted net income of $70 million in the prior year period
The company has reported total income of Rs. 168.02 crores during the quarter ended September 30, 2021.
The company reported total income of Rs.430.72 crores during the period ended September 30, 2020.
The company has posted net profit of Rs.27.98 crores for the 6 months period ended September 30, 2021.
Market prices of petrochemical products, synthetic resins and synthetic fibers increased due to recovery of demand and an increase in raw material prices.
EBITDA grew by 24% to Rs. 201 crore as compared to Rs. 162 crore in the Q2 FY21 whereas Net Profit grew by 40% to Rs. 109 crore as compared to Rs. 78 crore in the Q2 FY21
Availability of the skilled resources at the right time and the right place and one of the prominent subjects is on the environmental protection issues.
Subscribe To Our Newsletter & Stay Updated