Insecticides India Reports Strong Q3 Profit Growth Amid Score Adjustment

Insecticides India, a player in the Pesticides & Agrochemicals sector, has released its financial results for the quarter ending December 2024. The company reported a notable performance in its Profit After Tax (PAT), which reached Rs 17.37 crore, reflecting a growth of 41.1% year on year. Similarly, the Profit Before Tax (PBT), excluding other income, stood at Rs 22.12 crore, marking a year-on-year increase of 39.56%. These figures indicate a robust near-term trend in profitability for the company. Additionally, Insecticides India has reported its highest cash and cash equivalents in the last six half-yearly periods, amounting to Rs 71.57 crore. This improvement in short-term liquidity suggests a strengthening financial position. Despite these positive indicators, the stock's evaluation has undergone an adjustment, with its score reflecting a change from 18 to 11 over the past three months. This revision in its score highlights a shift in assessment, warranting attention from stakeholders. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.