Company’s net profit stood at Rs 16 crores with PAT margin of 9.2 per cent.
India Pesticides Limited, one of the fast-growing agro-chemical companies for technical manufacturing, announced its results for quarter and nine months ended December 31st, 2024.
Company reported Total Income of Rs. 175 crores, an increase of 13.0 per cent on YoY in Q3FY25. Company recorded EBITDA of Rs 29 crores with EBITDA margin of 16.7 per cent. Net Profit stood at Rs. 16 crores with PAT margin of 9.2 per cent.
In 9M FY25 company’s Total Income was Rs. 633 Cr, an increase of 12.0 per cent on YoY basis. EBITDA of Rs 101 crores, an increase of 6.3 per cent on YoY with EBITDA margin of 15.9 per cent. Company reported Net Profit of Rs 62 crores, an increase of 3.5 per cent on YoY with PAT margin of 9.8 per cent.
Commenting on the performance, Anand S. Agarwal, Director, Founder & Promoter said, ″We are pleased to report revenue growth of 13 per cent year-on-year for Q3 FY25, achieving a total income of Rs 175 crore. This growth was underpinned by an increase in volumes, which highlights the demand for our products across key markets. While the increase in volumes demonstrates the strength of our operations and market presence, pricing adjustments in the international markets led to a modest impact on margins during the quarter.
Additionally, our freight costs rose due to logistical challenges in the Red Sea region, and investments in strengthening our R&D capabilities and workforce added to the cost base. These decisions were made with a long-term view to enhance our competitiveness and support the development of a strong product pipeline.
We continue to drive operational efficiencies and prioritize innovation to maintain our leadership in key product categories. Our investments in R&D and talent are aligned with our vision to deliver superior products that meet evolving customer needs and align with global trends.
Looking ahead, we remain optimistic about the growth trajectory of the agrochemical sector. With a strong operational framework, an expanding product portfolio, and a deep commitment to excellence, we are confident in our ability to deliver sustainable growth while creating value for all our stakeholders. ″
