StockWatch
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Pesticides & Agrochemicals
Quarterly Result5 Nov 2026, 04:08 pm

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

AI Summary

Insecticides (India) Limited (IIL) announced its unaudited financial results for Q2 and H1 FY27. The company reported an 8% year-on-year growth in Net Revenue for Q2 FY27, reaching ₹686 crore compared to ₹638 crore in Q2 FY26. Margin stability was maintained through premiumization and cost optimization, despite muted demand due to weather disruptions. Profit After Tax (PAT) saw a 5% decrease in Q2 FY27 to ₹56.17 crore from ₹59.11 crore in Q2 FY26, impacted by increased interest costs and higher working capital days (158 in H1 FY27 vs. 151 in H1 FY26). IIL launched two new products, Granuvia and Spinoace, and continued investments in manufacturing capacity. The company conducted extensive farmer outreach programs, expanding its IIL Crop Solutions (ICS) program to 16 states.

Key Highlights

  • Q2 FY27 Net Revenue grew 8% YoY to ₹686 crore.
  • PAT decreased 5% YoY in Q2 FY27 to ₹56.17 crore.
  • Launched two new products: Granuvia and Spinoace.
  • Continued investments in manufacturing capacity expansion.
  • Expanded farmer outreach programs to 16 states.