Insecticides (India) Limited Q1 profit up 68% at Rs 49 cr

Date:08-12-2024

Insecticides (India) Limited has reported the financial results for Q1FY25.

Q1FY25 – Key Highlights

• Steady Demand & Optimism for FY25: Experienced consistent demand across regions, reinforcing our positive outlook for FY25, driven by improved market conditions and stable input costs

• Strategic Focus on Premium Products: Committed to enhancing our Premium Products range, including Focus Maharatna and Maharatna. In Q1FY25, Premium Products achieved 18% growth and represented 60% of total B2C revenue. We are confident in gaining significant market share in these product lines

• Strong Financial Performance: In Q1FY25, Insecticides (India) Ltd reported a 57% increase in EBITDA and a 68% rise in Profit After Tax

• Launches & Innovations: Introduced one new product in Q1FY25, continuing from eight launches in FY24. We plan to launch more pathbreaking products, following extensive R&D efforts

• Challenges in B2B and Exports: B2B and Exports division faced challenges due to lower pricing and unfavorable market conditions.

• Target Focus Area: In FY25, Insecticides (India) Ltd will prioritize driving growth in Premium Products through enhanced demand generation and brand-building efforts while maintaining a disciplined approach to margins and working capital.

Q1FY25 – Financial Performance