Latest news with #InsecticidesIndia
Business Standard
5 days ago
- Business
- Business Standard
Insecticides India consolidated net profit rises 17.70% in the June 2025 quarter
Sales rise 5.24% to Rs 691.13 croreNet profit of Insecticides India rose 17.70% to Rs 58.11 crore in the quarter ended June 2025 as against Rs 49.37 crore during the previous quarter ended June 2024. Sales rose 5.24% to Rs 691.13 crore in the quarter ended June 2025 as against Rs 656.69 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 5 OPM %12.2410.98 -PBDT84.7773.16 16 PBT77.4566.01 17 NP58.1149.37 18 Powered by Capital Market - Live News
Time of India
5 days ago
- Business
- Time of India
Insecticides India partners with Corteva to launch rice protection product
Synopsis Insecticides India, in collaboration with Corteva Agriscience, has launched SPARCLE, a new broad-spectrum insecticide targeting the brown plant hopper pest affecting rice crops. This partnership combines Corteva's advanced chemistry with Insecticides India's distribution network to help Indian farmers improve rice yields. The addition of SPARCLE will strengthen Insecticides India's rice crop protection portfolio in the world's second-largest rice-producing nation.
News18
5 days ago
- Business
- News18
Insecticides India partners with Corteva to launch rice protection product
Agency: PTI New Delhi, Aug 13 (PTI) Insecticides India on Wednesday said it has launched a new broad-spectrum insecticide, SPARCLE, in partnership with global agricultural technology firm Corteva Agriscience. The product targets brown plant hopper, a pest that damages rice crops, and is designed to help farmers improve yields, the companies said in a joint statement. 'Our collaboration with Corteva Agriscience marks another milestone in IIL's commitment to bring the world's best agri-technologies to Indian fields," Insecticides India Managing Director Rajesh Aggarwal said. The launch combines Corteva's advanced chemistry with Insecticides India's distribution network and farmer relationships, the companies said. view comments First Published: August 13, 2025, 12:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Upturn
04-07-2025
- Business
- Business Upturn
Top stocks in focus on July 4: ONGC, Bajaj Housing Finance, NBCC, IEX, PC Jeweller, and more
By Aman Shukla Published on July 4, 2025, 08:13 IST Indian benchmark indices ended in the red for the second day in a row on Thursday, July 3. The NSE Nifty 50 fell by 48.1 points to close at 25,405.30, while the BSE Sensex declined 170.22 points, finishing at 83,239.47. Today, several stocks are likely to be on investor radar due to recent business updates, regulatory developments, and corporate announcements. Stocks in Focus Insecticides India : CRISIL has revised the company's long-term credit rating from 'A' to 'A+' with a stable outlook. ONGC : The company signed a Heads of Agreement with Mitsui O.S.K. Lines to jointly build and operate two Very Large Ethane Carriers. Indian Energy Exchange : Reported a 15% year-on-year growth in power trade volumes for Q1FY26, supported by falling prices. ICICI Lombard : Bombay High Court has set aside an earlier order that had confirmed a GST demand of ₹17.3 billion and a penalty of ₹1.7 billion. NBCC : Received a work order worth ₹65.73 crore as part of routine business operations. NACL Industries : The Competition Commission of India has approved Coromandel International's acquisition of a majority stake in the company. Defence Sector Stocks : The Ministry of Defence has cleared 10 capital acquisition proposals worth ₹1.05 lakh crore to boost operational readiness. Thangamayil Jewellery : Reported a 28% increase in revenue for FY25. Nucleus Software : Reported annual revenue of ₹832.25 crore with an EBITDA margin of 20.14%. PC Jeweller : Posted 80% year-on-year growth in standalone revenue for Q1FY26, driven by seasonal demand. Bajaj Housing Finance : Reported Q1FY26 disbursements of ₹146.40 billion; Assets under management (AUM) stood at ₹1.20 trillion. Suryoday Small Finance Bank : Total deposits for Q1 rose 39% year-on-year to ₹113.12 billion; Gross advances grew 20% to ₹108.46 billion. Marico : Reported stable demand during the quarter, supported by recovery in rural markets and steady urban consumption. Infibeam Avenues : Its AI division is collaborating with Nawgati to create solutions for fuel and fleet management. LIC : Launched three new insurance products – two versions of Nav Jeevan Shree and a Critical Illness Health Rider. L&T Finance : Retail disbursements rose 18% year-on-year to ₹17,510 crore; Retail loan mix increased to 98%. Godavari Biorefineries : Received a European patent for a newly developed anticancer molecule. Aegis Logistics : Commissioned an LPG cryogenic terminal at Pipavav with a 48,000 MT storage capacity. AU Small Finance Bank : Deposits rose 31% year-on-year in Q1 to ₹1.28 lakh crore. Bajaj Finance : Q1 AUM increased by 25% to ₹4.4 lakh crore; added 4.7 million new customers in the quarter. Bharat Forge : Subsidiary KSSL has incorporated a new entity named Agneyastra Energetics. IndiGo : Appointed Amitabh Kant as an additional director on the board. Jindal Steel and Power : Received a Letter of Intent for the Roida-I iron ore and manganese block in Odisha. S H Kelkar : Reported Q1 consolidated revenue of ₹574 crore, a 14% rise from the fire-impacted previous year. Robust Hotels : CRISIL reaffirmed its long-term rating at BBB with a stable outlook. UCO Bank : Reported total business at ₹5.24 lakh crore for Q1 FY25, up 13.67% year-on-year. Reliance Industries : Subsidiary Reliance Retail Ventures announced a strategic minority investment in UK-based FACEGYM. Bosch : Received a customs order related to an import classification dispute involving ₹66.72 crore and a penalty of ₹29.58 crore. Punjab & Sind Bank : Total business stood at ₹2.31 lakh crore, an increase of 10.9% from the previous year. Star Cement : Chief Mineral Resources Officer Kanak Kumar Chhangani resigned. P N Gadgil Jewellers : Board approved a fundraising plan via equity shares or other securities. Bank of Baroda : Global business stood at ₹27.43 lakh crore as of June 2025, a year-on-year increase of 10.7%. Dish TV India : Appointed Gaurav Goel as Chief Strategy Officer, effective July 4. Salasar Exteriors : Company Secretary & Compliance Officer Priyanka Rathore resigned on July 3. Emcure : BC Investments plans to sell 45.5 lakh shares via a block deal. RBL Bank : Deposits increased 11% year-on-year to ₹1.12 lakh crore. Bandhan Bank : Total deposits grew 16.1% year-on-year to ₹1.55 lakh crore. Vedanta : Reported record alumina and ferrochrome production in Q1; oil and gas output saw a decline. Mahindra Holidays : Its Finnish unit acquired 100% stake in Salla Star Property for ₹2.35 crore. Torrent Pharma : To acquire an additional 2.41% stake in JB Chemicals for ₹620 crore. Alembic Pharma : Received a tax demand of ₹33 crore from Sikkim tax authorities. AWL Agri: Reported a 2% decline in edible oil volumes in Q1FY26. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Bajaj Housing FinanceIEXNBCCONGCPC JewellerStock Market Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
29-05-2025
- Business
- Business Standard
Insecticides India share price zooms 8% on Q4 results; profit jumps 85% YoY
Insecticides India share price: Chemical manufacturing company Insecticides India share price was buzzing in trade on Thursday, May 29, 2025, with the stock rising as much as 7.89 per cent to an intraday high of 895.50 per share. At 11:10 AM, Insecticides India share price was off day's high, and was trading 4.27 per cent higher at 866.25 per share. In comparison, BSE Sensex was trading flat with a negative bias at 81,255.94 level. What triggered the up move in Insecticides India share price? Insecticides India share soared on the back of robust March quarter of financial year 2025 (Q4FY25) results. The company's consolidated profit after tax (PAT) rose 85 per cent year-on-year (Y-o-Y) to Rs 13.89 crore in Q4FY25, from Rs 7.52 crore in the same quarter a year ago (Q4FY24). Insecticides India topline, or revenue from operations, surged 32 per cent Y-o-Y to 358.92 crore in Q4FY25, from Rs 272.50 crore in Q4FY24. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda), skyrocketed 226 per cent Y-o-Y to Rs 28.47 crore, from Rs 8.73 crore a year ago. Subsequently, Ebitda margin expanded 470 basis points (bps) to 7.9 per cent in the March quarter of financial year 2025 (Q4FY25), from 3.2 per cent in the same quarter previous fiscal year (Q4FY24). Besides, the company launched 11 new products in FY25 including patented latest technology products It also acquired Kaeros Research Pvt. Ltd. to secure supply chains, reduce costs through direct imports and to strengthen long-term sourcing capabilities Additionally, the company completed a buyback of 500,000 fully paid-up equity shares at ₹1,000 per share, totaling ₹50 crore. Rajesh Kumar Aggarwal, MD of Insecticides India, said, 'We are pleased to report a robust performance of the Company, marked by strong execution and strategic discipline, resulting in a profit growth of 39 per cent in FY25. This performance underscores the success of the strategic framework we established —centered around profitable growth, a sharper focus on premium products, and margin enhancement. The overall business environment remained favourable throughout the year. A good monsoon and healthy reservoir levels provided strong tailwinds for rural demand and agri-input consumption. Additionally, stable raw material prices and our deep farmer connect further supported steady demand across markets.' 'Our continued focus on premiumisation yielded positive results, driving an improvement in gross margins. We consciously prioritised value over volume, reflecting our long-term strategy of sustainable, profitable growth. This disciplined approach also led to an improvement in key return metrics, with both ROCE and ROE improving consistently even in FY25, a direct outcome of better product mix and efficient capital allocation,' Aggarwal added. About Insecticides India Insecticides is among India's leading crop protection and nutrition companies, offering a diverse portfolio of over 20 technical products and over 140 formulation products to meet the varied needs of farmers. Known for its popular 'Tractor Brand,' the company has established a strong presence in the agricultural community. Its state-of-the-art manufacturing facilities are strategically located across Chopanki (Rajasthan), Samba and Udhampur (Jammu & Kashmir), and Dahej (Gujarat). The company also benefits from backward integration through its technical synthesis plants in Chopanki and Dahej, enhancing its cost-efficiency and product quality. Insecticides India is widely recognised for its robust research and development (R&D) capabilities and technical expertise, allowing it to develop innovative and effective crop protection solutions. Through its initiative, India Insecticides Limited Foundation, the company actively engages in educating farmers on modern agricultural practices to boost productivity. With a PAN India presence, the company connects with over 25 lakh farmers and operates through a vast network of more than 70,000 dealers and 7,500 distributors.
