Insecticides Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 02, 2023 at 05:15 am EDT
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Insecticides (India) Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 6,959.88 million compared to INR 5,822.09 million a year ago. Revenue was INR 6,958.14 million compared to INR 5,824.93 million a year ago. Net income was INR 531.53 million compared to INR 448.33 million a year ago. Basic earnings per share from continuing operations was INR 17.95 compared to INR 15.15 a year ago. Diluted earnings per share from continuing operations was INR 17.95 compared to INR 15.15 a year ago.
For the six months, sales was INR 13,359.41 million compared to INR 11,428.99 million a year ago. Revenue was INR 13,396.55 million compared to INR 11,433.76 million a year ago. Net income was INR 822.95 million compared to INR 831.42 million a year ago. Basic earnings per share from continuing operations was INR 27.8 compared to INR 28.09 a year ago. Diluted earnings per share from continuing operations was INR 27.8 compared to INR 28.09 a year ago.
Insecticides (India) Limited is an India-based company. The Company is engaged in the manufacturing activities of agricultural chemicals, pesticides and technical products for agricultural purposes. The Company caters to both domestic and international markets. The Company has a product range of approximately 100 products that include agricultural chemicals, household pesticides and biological products, which are being sold to the end consumer, which is farmers through channel partners. It also supplies products to international customers in approximately 30 countries with more than 100 customers through registrations. The Companyâs product categories include insecticides, herbicides, fungicides, biologicals/plant growth regulators (PGR), Focus Maharatna and maharatna products. Its insecticide products include Mission SC, Bheema Plus, Milthion, Metacil, Turner, Supremo SP, Lethal Super 550, Dominant, Kunoichi, Hercules, Encounter, Bheema, Sargent SC, Super Star and others.
INSECTICIDES (INDIA) LIMITED 