Insecticides Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 05, 2024 at 06:51 am EST
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Insecticides (India) Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 3,579.42 million compared to INR 3,565.32 million a year ago. Revenue was INR 3,591.62 million compared to INR 3,569.07 million a year ago. Net income was INR 123.07 million compared to INR 93.66 million a year ago. Basic earnings per share from continuing operations was INR 4.16 compared to INR 3.16 a year ago. Diluted earnings per share from continuing operations was INR 4.16 compared to INR 3.16 a year ago.
For the nine months, sales was INR 16,938.83 million compared to INR 14,994.31 million a year ago. Revenue was INR 16,988.16 million compared to INR 15,002.83 million a year ago. Net income was INR 946.02 million compared to INR 925.08 million a year ago. Basic earnings per share from continuing operations was INR 31.96 compared to INR 31.25 a year ago. Diluted earnings per share from continuing operations was INR 31.96 compared to INR 31.25 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 
