Quarterly Result11 Aug 2026, 03:10 pm
Insecticides India Q1FY27 Revenue Down 12% to ₹612 Cr on Rainfall Deficit
AI Summary
Insecticides (India) Limited (IIL) announced its unaudited financial results for Q1FY27, reporting a revenue of ₹612 crore, a 12% decrease compared to ₹691 crore in Q1FY26. This decline is primarily attributed to a rainfall deficit across India. Despite the revenue dip, Gross Profit margins expanded by 240 bps year-on-year due to disciplined pricing. The company also launched GRANUVIA, a next-generation insecticide in collaboration with Corteva Agriscience, and Spinoace. KAEROS continued its growth trajectory. IIL plans to double its Crop Solutions plots to 72. Profit After Tax stood at ₹44 crore, down from ₹58 crore in the prior year.
Key Highlights
- Q1FY27 revenue declined 12% YoY to ₹612 crore due to rainfall deficit.
- Gross Profit margins improved by 240 bps YoY through pricing discipline.
- Launched GRANUVIA and Spinoace insecticides in collaboration with Corteva Agriscience.
- Plans to double IIL Crop Solutions plots to 72 across 14 states.
- Profit After Tax decreased 24% YoY to ₹44 crore.
Price Impact
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