Insecticides India Ltd Reports Soaring Profits Amid Strong Sales
Insecticides India Ltd reported a significant 84.70% increase in net profit for the fourth quarter of the 2024-25 fiscal year, reaching Rs 13.89 crore due to robust sales. The company also saw its annual profits rise by 39.13%, with aspirations for further growth through product expansion and efficiency improvements.
- Country:
- India
In a remarkable financial performance, Insecticides India Ltd announced an impressive 84.70% surge in consolidated net profit, totaling Rs 13.89 crore for the fourth quarter of the 2024-25 fiscal year, propelled by strong sales figures.
The company had posted a net profit of Rs 7.52 crore in the same period last year, as revealed in a regulatory filing. Additionally, total income increased by 31.71% to Rs 358.92 crore in the January-March quarter, compared to Rs 272.50 crore in the previous year.
Throughout the entire fiscal year, net profit soared 39.13% to Rs 142.01 crore, up from Rs 102.07 crore the year prior. Managing Director Rajesh Kumar Aggarwal expressed optimism for future growth, attributing potential expansion to premium product launches and operational efficiencies.
(With inputs from agencies.)
Google News