Insecticides (India) Ltd Q2 FY27 Revenue Up 8% to ₹686 Cr

Insecticides (India) Limited (IIL) announced its unaudited financial results for Q2 and H1 FY27. For Q2 FY27, Net Revenue grew by 8% year-on-year to ₹686 crore from ₹638 crore in Q2 FY26. Gross Profit stood at ₹219.72 crore, with a Gross Profit Margin of 33.7%. EBITDA was ₹92.44 crore, and Profit After Tax (PAT) was ₹56.17 crore, a decrease of 5% from ₹59.11 crore in Q2 FY26. For H1 FY27, Revenue from Operations was ₹1,297.84 crore, a 2% decrease from ₹1,328.83 crore in H1 FY26. PAT for H1 FY27 was ₹117.21 crore, down 15% from H1 FY26. The company highlighted margin stability due to premiumization and cost optimization, despite weather-related disruptions. IIL launched two new products, Granuvia and Spinoace, and continued investments in manufacturing capabilities. Increased interest costs impacted PAT growth.