| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 384.92 | 39.6% | 7.6% |
| Total Income | 385.68 | 39.8% | 7.8% |
| Expenditure | 371.62 | 33.8% | 10.7% |
| PBT | 14.06 | 82.1% | 36.9% |
| Net Profit | 10.49 | 82.3% | 39.6% |
| OPM | 7.12% | 6.91pp | 3.45pp |
| NPM | 2.72% | 6.51pp | 2.13pp |
| EPS | 3.60 | 82.3% | 39.6% |
Insecticides (India) Ltd Reports 8% Revenue Growth in Q3 FY26 Despite Challenging Environment
30 Jan 2026 · 30 Jan, 5:17 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, 2025. Despite a challenging environment, the company reported an 8% year-over-year growth in revenue, primarily driven by the robust performance in the B2B segment. However, B2C sales were impacted by macro industry headwinds. The company sustained its strategic focus on innovative marketing initiatives and deeper farmer engagement, reinforcing long-term brand equity and durable demand creation. New product launches witnessed encouraging farmer adoption. Gross profit margins moderated due to a higher B2B mix and industry-led pressure on B2C margins. The company continued to invest in long-term brand building and organizational capabilities, focusing on farmer engagement and innovation.
Key Highlights
- 1
Revenue grew by 8% in Q3, primarily driven by robust performance in the B2B segment
- 2
B2C sales were impacted by macro industry headwinds, led by erratic rainfall and a muted spraying season
- 3
New product launches, including Sparcle, Centran and Torry Super, witnessed encouraging farmer adoption
- 4
Gross profit margins moderated in Q3 FY26, driven by a higher B2B mix and industry-led pressure on B2C margins
- 5
Increase in finance cost and depreciation impacted PAT growth in Q3FY26 as compared to Q3 FY25
- 6
A total of five new products were launched during 9MFY26
- 7
Working closely with farmers PAN India with 25,000+ farmers meetings and 5,000+ field days showcasing them the benefits of using latest technology solutions
Management Comments
Mr. Rajesh Kumar Aggarwal
IL reported a resilient performance in Q3, delivering 8% revenue growth despite a challenging operating environment characterized by industry-wide macro headwinds, erratic weather patterns, and a subdued spraying season. Growth during the quarter was predominantly volume-led, driven by a higher contribution from the B2B segment, while B2C demand remained muted amid broader sectoral pressures. Margin compression is transitory, driven by industry headwinds and a high base effect, and is expected to improve over time. The Company continued to invest in long-term brand building, with encouraging outcomes from recent launches, including Sparcle, an advanced chemistry insecticide from Corteva and Torry Super, developed by in house R&D, with aggressive demand generation activities and deep farmer connect. Alongside this, IIL further strengthened organizational capabilities, focused internal training initiatives and accelerated phygital farmer outreach. With a strengthened portfolio, disciplined execution, and sustained focus on farmer engagement and innovation, IIL remains well positioned for profitable growth over the medium term.
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