India Pesticides Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2022.
Q1 Results- QoQ
The company’s net profit grew 33.9% to Rs 410.9 million for the period ended June 30, 2022 as against net profit of Rs 306.7 million for the previous quarter.
Net sales increased 22.1% to Rs 2.21 billion during the period ended June 30, 2022 as com-pared to Rs 1.81 billion during the previous quarter.
Q1 Results- YoY
The company’s net profit dropped 2.2% to Rs 410.9 million for the period ended June 30, 2022 as against net profit of Rs 420.2 million for the prior-year quarter.
Net sales increased 27.4% to Rs 2.21 billion during the period ended June 30, 2022 as com-pared to Rs 1.74 billion during the prior-year quarter.
India Pesticides Ltd is an Indian chemical company and is engaged in the manufacture and sale of technicals & formulations for agrochemicals and APIs for pharma industry.