Insecticides India Ltd., a agrochemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021.
Q2 Results- QoQ
The company’s net profit grew 19.8% to Rs 418.78 million for the period ended September 30, 2021 as against net profit of Rs 349.6 million for the previous quarter.
Net sales dcreased 5.6% to Rs 4.44 billion during the period ended September 30, 2021 as compared to Rs 4.7 billion during the previous quarter.
Q2 Results- YoY
The company’s net profit grew 0.65% to Rs 418.78 million for the period ended September 30, 2021 as against net profit of Rs 416.06 million for the prior-year quarter.
Net sales decreased 3.8% to Rs 4.44 billion during the period ended September 30, 2021 as compared to Rs 4.61 billion during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit grew 16.5% to Rs 768.38 million for the 6 months period ended September 30, 2021 as against net profit of Rs 659.7 million for the prior-year 6 months period.
Net sales increased 4.8% to Rs 9.14 billion during the 6 months period ended September 30, 2021 as compared to Rs 8.72 billion during the prior-year 6 months period.
Insecticides India Ltd is engaged in the business of manufacture and selling agro chemicals, pesticides and technical products for agricultural purposes.