Quarterly Result2 Aug 2026, 01:30 pm
India Pesticides Q1 FY27 Revenue Declines 9.2% to ₹256 Cr
AI Summary
India Pesticides Limited (IPL) reported its unaudited financial results for Q1 FY27, with Revenue from Operations at ₹256 crore, a 9.2% decrease from ₹282 crore in Q1 FY26. This decline was primarily attributed to softer demand for its herbicide, Pretilachlor. Export sales saw a marginal increase to ₹89 crore from ₹87 crore. EBITDA stood at ₹39 crore (15.4% margin), down from ₹52 crore (18.4%) in the prior year. Profit After Tax (PAT) was ₹23 crore (8.9% margin), compared to ₹35 crore (12.3%) in Q1 FY26. The company highlighted increased job work processing charges and received EU approval for a fungicide product, enhancing its international market presence.
Key Highlights
- Q1 FY27 Revenue at ₹256 Cr, down 9.2% YoY due to softer herbicide demand.
- Export sales increased marginally to ₹89 Cr from ₹87 Cr.
- EBITDA decreased to ₹39 Cr with a margin of 15.4%.
- PAT reported at ₹23 Cr, with a margin of 8.9%.
- Received EU approval for a fungicide product, boosting export potential.
Price Impact
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