India Pesticides Ltd's Q3FY25 Quarter Results
- 09 Feb 2025
Result Summary
- India Pesticides Ltd reported a 25.3% 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 growth of 13.0%.
- Its expenses for the quarter were down by 24.4% QoQ and up 24.1% YoY.
- The net profit decreased 38.0% QoQ and decreased 33.0% YoY.
- The earnings per share (EPS) of India Pesticides Ltd stood at 1.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 174.89 | 234.18 | 154.71 | -25.3% | 13.0% |
Total Expenses | 151.68 | 200.58 | 122.22 | -24.4% | 24.1% |
Profit Before Tax | 23.21 | 33.60 | 32.49 | -30.9% | -28.6% |
Tax | 7.14 | 7.69 | 8.50 | -7.2% | -16.0% |
Profit After Tax | 16.07 | 25.91 | 23.99 | -38.0% | -33.0% |
Earnings Per Share | 1.40 | 2.30 | 2.10 | -39.1% | -33.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
India Pesticides Ltd is a company operating primarily in the agrochemical industry, specializing in the production and sale of pesticides and other agricultural chemicals. The company develops products that enhance crop yield and protect plants from pests and diseases. As of the latest data available up to October 2023, there is no specific information on any recent major developments for India Pesticides Ltd. The company continues to focus on its core business of agrochemical production and distribution, contributing to agricultural productivity.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), India Pesticides Ltd reported a total income of ₹174.89 crores. This figure represents a quarter-over-quarter (QoQ) decline of 25.3% from the previous quarter (Q2FY25), where the total income was ₹234.18 crores. On a year-over-year (YoY) basis, total income increased by 13.0% compared to ₹154.71 crores in the third quarter of fiscal year 2024 (Q3FY24). These figures highlight changes in the company's revenue generation over the specified periods without attributing the changes to any specific factors.
Profitability
For Q3FY25, India Pesticides Ltd recorded a profit before tax of ₹23.21 crores, reflecting a 30.9% decrease from the ₹33.60 crores reported in Q2FY25. Compared to the same quarter in the previous year (Q3FY24), where the profit before tax was ₹32.49 crores, there is a decrease of 28.6%. The profit after tax for Q3FY25 was ₹16.07 crores, down by 38.0% from ₹25.91 crores in Q2FY25, and by 33.0% from ₹23.99 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 stood at ₹1.40, which is a decrease from both Q2FY25, where EPS was ₹2.30, and Q3FY24, where it was ₹2.10. These metrics reflect the company's profitability performance across different reporting periods.
Operating Metrics
The total expenses for India Pesticides Ltd in Q3FY25 were ₹151.68 crores, showing a decrease of 24.4% from the previous quarter's expenses of ₹200.58 crores. When compared to the expenses of ₹122.22 crores in Q3FY24, there is a year-over-year increase of 24.1%. The tax expense for Q3FY25 was ₹7.14 crores, a reduction of 7.2% from Q2FY25, where it was ₹7.69 crores, and a 16.0% decrease from ₹8.50 crores in Q3FY24. These operating metrics provide insight into the company's cost management and tax liabilities over the periods in question, without delving into the reasons behind these changes.
