Sumitomo Chemical India News

Sumitomo Chemical India announces senior management change

Sumitomo Chemical India Limited announces that Mr. Yoshihisa Inoue will cease as Sr. Vice President (Manufacturing) effective March 31, 2026, completing his deputation term from the parent company in Japan.

Sumitomo Chemical Q3FY26 Net Profit Drops 11.2%

Sumitomo Chemical India reported Q3FY26 net profit of ₹748.26 million, down 11.2% YoY, despite revenue declining 11.4% to ₹5,517.58 million. Exceptional items of ₹151.86 million impacted results.

Sumitomo Chemical Board Meet on Jan 27 for Q3FY26

Sumitomo Chemical India Limited has scheduled its board meeting for January 27, 2026, to consider Q3FY26 standalone and consolidated unaudited financial results for quarter and nine months ended December 31, 2025.

Sumitomo Chemical Reports Insider Trading Violation

Sumitomo Chemical India reports violation by General Manager who pledged 250 shares without pre-clearance, resulting in ₹5,000 penalty transferred to SEBI-IPEF.

Sumitomo Chemical India Reports 9% Revenue Growth Despite Weather Challenges in H1 FY26

Sumitomo Chemical India Limited reported consolidated revenue of INR 1,987 crores in H1 FY26, representing 9% year-on-year growth, with profit after tax increasing 11% to INR 356 crores. However, Q2 FY26 revenue declined to INR 930 crores from INR 988 crores in the previous year due to excessive rainfall from July to September that disrupted farming activities and delayed spray applications. The company maintained gross margins at 43.1% in Q2 and EBITDA margins at 22% for H1 despite weather-related volume impacts. Domestic business contributed 85% of revenue with 11% growth, while exports declined 4% due to reduced sales in South America and Africa. The company launched new products including rice herbicide Lentigo and fungicide Excalia Max, both performing ahead of targets. Cash and cash equivalents stood at INR 2,089 crores, providing strong liquidity. Management expects recovery in the Rabi season due to improved field conditions and adequate water reserves. The company plans capex of INR 500-600 crores over five years for seven products at the upcoming Dahej facility, pending approvals from the parent company.