| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 357.70 | 43.0% |
| Total Income | 357.86 | 43.1% |
| Expenditure | 335.80 | 38.5% |
| PBT | 22.28 | 72.9% |
| Net Profit | 17.36 | 71.8% |
| OPM | 3.67% | 7.76pp |
| NPM | 4.85% | 4.91pp |
| EPS | 5.96 | 71.3% |
Insecticides (India) Ltd Reports 42% YoY Growth in PAT for Q3FY25
10 Feb 2025 · 10 Feb 2025, 09:32 pm
Summary
Insecticides (India) Ltd, a leading crop protection and nutrition company, has announced its financial results for the quarter and nine months ended December 31, 2024. The company reported a 42% YoY growth in Profit After Tax (PAT) for Q3FY25, attributed to a consistent focus on margin improvement, healthy product mix, better product margins, and robust growth in recent launches. The company also reported a 657 bps improvement in Gross Profit Margins and a 268 bps improvement in EBITDA in 9MFY25.
Key Highlights
- 1
42% YoY growth in PAT for Q3FY25
- 2
657 bps improvement in Gross Profit Margins in 9MFY25
- 3
268 bps improvement in EBITDA in 9MFY25
- 4
Launched 10 new products in the first nine months
- 5
Optimistic about the upcoming seasons due to favorable tailwinds and government policies
Management Comments
Mr. Rajesh Aggarwal
MD of Insecticides (India) Ltd.
We are excited to share our robust performance during current quarter with 42% growth in PAT. This is in line with the strategic framework established at start of the year focusing on profitable growth with higher share of Premium Products and improving its margins. The first nine months has been in line with expectations, driven by strong contributions from our premium product range, which now constitutes 62% of B2C revenue and significant improvements in our EBITDA margins. We are optimistic about the upcoming seasons, supported by favorable tailwinds such as a strong monsoon, increased reservoir levels, and enhanced crop sowing. Furthermore, government policies in latest Union Budget for increasing farmer income and thrust on increasing output for cotton, pulses etc. are expected to provide additional positive momentum. We are delighted to share that we have received an overwhelming response from market to our new launches providing latest technology and complete crop solution to the farmers. Our commitment to innovation remains steadfast as we continue to enhance our technology offerings for farmers.
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