Insecticides India Ltd's Q3FY25 Quarterly Results

Result Summary

• Insecticides India Ltd reported a 43.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 0.4%.
• Its expenses for the quarter were down by 38.6% QoQ and 1.9% YoY.
• The net profit decreased 71.8% QoQ and increased 41.0% YoY.
• The earnings per share (EPS) of Insecticides India Ltd stood at 6 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Insecticides India Ltd is a company operating in the agrochemical industry, primarily engaged in the manufacturing and distribution of pesticides and insecticides. The company offers a broad spectrum of products including insecticides, herbicides, fungicides, and plant growth regulators. These products are crucial for the agricultural sector, helping farmers protect crops from pests and diseases, thereby improving crop yield and quality. Recent developments in the agrochemical industry, such as increased focus on sustainable agricultural practices and regulatory changes, may impact companies like Insecticides India Ltd. However, specific recent developments for the company are not available at this time.

Revenue

For the third quarter of the fiscal year 2025 (Q3FY25), Insecticides India Ltd reported a total income of ₹357.86 crores. This marks a 43.1% decline in revenue when compared to the previous quarter (Q2FY25), where total income was ₹628.61 crores. Year-over-year, total income saw a slight decrease of 0.4% compared to Q3FY24, where the revenue stood at ₹359.16 crores. The data reflects a significant quarter-over-quarter reduction in revenue, which could be influenced by seasonal variations or other operational factors within the company.

Profitability

Insecticides India Ltd recorded a profit before tax (PBT) of ₹22.06 crores in Q3FY25, which is a substantial decrease of 73.1% from Q2FY25, where PBT was ₹82.15 crores. However, when compared to Q3FY24, the PBT increased by 29.5% from ₹17.03 crores. The profit after tax (PAT) for Q3FY25 was ₹17.36 crores, down 71.8% from the previous quarter's ₹61.49 crores. Yet, it showed a 41.0% increase from ₹12.31 crores recorded in Q3FY24. The tax expense for Q3FY25 was ₹4.92 crores, reflecting a decline of 76.4% from Q2FY25 and a marginal increase of 3.1% from Q3FY24.

Operating Metrics

The earnings per share (EPS) for Insecticides India Ltd in Q3FY25 was ₹6.00, which is a decrease of 71.2% from ₹20.80 in Q2FY25. On a year-over-year basis, EPS increased by 42.9% from ₹4.20 in Q3FY24. Total expenses for Q3FY25 amounted to ₹335.80 crores, marking a 38.6% decline from the previous quarter's ₹546.47 crores and a 1.9% decline from ₹342.14 crores in Q3FY24. The reduction in expenses in the current quarter suggests operational adjustments in response to revenue changes. These metrics provide a snapshot of the company's operational performance within this period.