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India Pesticides Ltd Q1FY24; 61% fall in Profits

India Pesticides Limited is one of the globally operating agro-chemical manufactures in India, since 1984. The company is the sole Indian manufacturer and among the top five manufacturers globally for several Technicals, such as Folpet, Thiocarbamate Herbicide, and several other products

Financial Results:

  • India Pesticides Ltd reported Revenues for Q1FY24 of ₹201.00 Crores down from ₹218.00 Crore year on year, a fall of 7.8%.
  • Total Expenses for Q1FY24 of ₹183.00 Crores up from ₹167.00 Crores year on year, a rise of 9.58%.
  • Consolidated Net Profit of ₹16.00 Crores down 60.98% from ₹41.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.38, down 61.56% from ₹3.59 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Pesticides
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