Total income increased marginally to Rs 659.20 crore from Rs 643.84 crore in the year-ago period.
Insecticides (India) Limited has reported the financial results for Q1FY25. Insecticides (India) Ltd on reported 68.18 per cent jump in consolidated net profit at Rs 49.01 crore for the first quarter of the current fiscal year. Net profit stood at Rs 29.14 crore in the same quarter of FY24, a regulatory filing said. Total income increased marginally to Rs 659.20 crore from Rs 643.84 crore in the year-ago period. Expenses fell to Rs 593.94 crore from Rs 604.3 crore.
Q1FY25 – Key Highlights
Steady Demand & Optimism for FY25: Experienced consistent demand across regions, reinforcing our positive outlook for FY25, driven by improved market conditions and stable input costs
Strategic Focus on Premium Products: Committed to enhancing our Premium Products range, including Focus Maharatna and Maharatna.
In Q1FY25, Premium Products achieved 18 per cent growth and represented 60 per cent of total B2C revenue. We are confident in gaining significant market share in these product lines
Strong Financial Performance: In Q1FY25, Insecticides (India) Ltd reported a 57 per cent increase in EBITDA and a 68 per cent rise in Profit After Tax.
Launches & Innovations: Introduced one new product in Q1FY25, continuing from eight launches in FY24. We plan to launch more pathbreaking products, following extensive R&D efforts
Challenges in B2B and Exports: B2B and Exports division faced challenges due to lower pricing and unfavourable market conditions.
Target Focus Area: In FY25, Insecticides (India) Ltd will prioritise driving growth in Premium Products through enhanced demand generation and brand-building efforts while maintaining a disciplined approach to margins and working capital.
