Insecticides (India) Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue increased from ₹639.95 Cr in Q1 2023 to ₹695.99 Cr in Q3 2023, indicating strong growth momentum.
Net profit rose significantly to ₹61.50 Cr in Q3 2023, up from ₹49.02 Cr in Q2 2023, showcasing effective cost management.
Operating profit margin improved to 80.63% in Q3 2023 compared to 62.74% in Q2 2023, reflecting operational efficiency.

NEGATIVES

Expenses rose to ₹546.46 Cr in Q3 2023, up from ₹593.95 Cr in Q2 2023, indicating potential inflationary pressures.
Other income turned negative at -₹0.17 Cr in Q3 2023 from ₹3.89 Cr in Q2 2023, showcasing a decline in non-operating income.
Tax rate remained high at 25.30% in Q3 2023, putting pressure on net profitability despite higher revenues.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Jun 25
Revenue	639.95	695.99	357.94	272.50	656.69	627.09	357.71	691.13
Expenses	604.35	624.27	342.14	273.22	593.95	546.46	335.80	617.58
Operating Profit	35.60	71.72	15.81	-0.72	62.74	80.63	21.91	73.55
Other Income	3.89	-0.17	1.22	4.54	2.51	1.52	0.15	3.71
Interest	3.17	2.86	2.79	2.07	1.63	1.69	1.41	3.72
Depreciation	6.88	7.35	7.42	7.60	7.13	7.25	7.58	7.31
Profit Before Tax	39.60	71.75	17.07	3.77	65.43	82.32	22.28	77.45
Tax	10.46	18.60	4.77	-4	16.42	20.82	4.92	19.35
Net Profit	29.14	53.15	12.31	7.76	49.02	61.50	17.37	58.10
Eps in Rs	9.85	17.95	4.16	2.62	16.56	20.78	5.96	19.97