Insecticides India is into manufacturing of agrochemicals (technicals and formulations) and biological and household products. They cater to Indian market where they directly sell to the end consumer and also sell technicals and formulations to the companies who are in the business of formulation. They also export to 30 countries with more than 100 customers through registrations. IIL has more than 75 registrations so far.
Financial Results:
- Insecticides India Ltd reported Revenues for Q1FY24 of ₹640.00 Crores up from ₹561.00 Crore year on year, a rise of 14.08%.
- Total Expenses for Q1FY24 of ₹604.00 Crores up from ₹510.00 Crores year on year, a rise of 18.43%.
- Consolidated Net Profit of ₹29.00 Crores down 23.68% from ₹38.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹9.81, down 23.60% from ₹12.84 in the same quarter of the previous year.