India Pesticides Ltd reports consolidated PAT of Rs 26 Cr in Q2 FY25
India Pesticides Limited delivered strong performance on both YoY and QoQ basis earning total revenue of Rs. 234 Crore showcasing growth at the rate of 13.6 per cent YoY and 4.5% QoQ
India Pesticides Limited (BSE: 543311; NSE: IPL), one of the fast growing agro-chemical companies for technical manufacturing (″IPL″ or the ″Company″), announced its results for quarter and half year ended September 30th, 2024.
Q2 & H1 FY25 Financial Performance:
(Rs. In Cr.) | Q2 FY25 | Q2 FY24 | YoY % | Q1 FY25 | QoQ % | H1 FY25 | H1 FY24 | YoY % |
Total Income | 234 | 206 | 13.6% | 224 | 4.5% | 458 | 411 | 11.5% |
Gross Profit | 105 | 77 | 35.8% | 88 | 19.7% | 193 | 151 | 27.8% |
Gross Margin (%) | 44.8% | 37.5% | 39.1% | 42.0% | 36.7% | |||
EBITDA | 39 | 31 | 25.2% | 32 | 22.1% | 71 | 57 | 23.9% |
EBITDA Margin (%) | 16.6% | 15.1% | 14.2% | 15.5% | 13.9% | |||
EBIT | 34 | 27 | 25.8% | 28 | 24.4% | 62 | 50 | 24.6% |
EBIT Margin (%) | 14.7% | 13.3% | 12.4% | 13.6% | 12.2% | |||
PAT | 26 | 20 | 32.9% | 19 | 33.0% | 45 | 35 | 29.6% |
PAT Margin (%) | 11.1% | 9.5% | 8.7% | 9.9% | 8.5% |
Q2 FY25 Key Performance Highlights:
i. Total Income was Rs. 234 Crore, an increase of 13.6% and 4.5 per cent on YoY and QoQ respectively
ii. EBITDA of Rs. 39 Crore, an increase of 25.2 per cent on YoY with EBITDA margin of 16.6 per cent
iii. Net Profit of Rs. 26 Cr, an increase of 32.9 per cent on YoY with PAT margin of 11.1 per cent
H1 FY25 Key Performance Highlights:
i. Total Income was Rs. 458 Crore, an increase of 11.5 per cent on YoY basis
ii. EBITDA of Rs. 71 Crore, an increase of 23.9 per cent on YoY with EBITDA margin of 15.5 per cent
iii. Net Profit of Rs. 45 Cr, an increase of 29.6 per cent on YoY with PAT margin of 9.9 per cent
iv. Cash Flow from Operations stood at Rs.17 Crore
India Pesticides Limited delivered strong performance on