Dupont profit rises 2.4% as stronger demand offsets higher costs

(Reuters) – Industrial materials maker Dupont on Tuesday reported a 2.4% rise in second-quarter profit from the previous three months, as a jump in demand from chipmakers and automakers offset rising raw material and logistics costs.

Adjusted net income rose to $563 million, or $1.06 per share, in the three months ended June 30, from $550 million, or 91 cents per share, in the first quarter.

(Reporting by Arathy S Nair in Bengaluru; Editing by Aditya Soni)