India Pesticides Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
October 30, 2021 at 12:37 pm EDT
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India Pesticides Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 1,784.74 million. Revenue was INR 1,823.24 million. Net income was INR 420.88 million. Basic earnings per share from continuing operations was INR 3.66. Diluted earnings per share from continuing operations was INR 3.66.
For the six months, sales was INR 3,487.68 million. Revenue was INR 3,564.04 million. Net income was INR 841.09 million. Basic earnings per share from continuing operations was INR 7.42. Diluted earnings per share from continuing operations was INR 7.42.
India Pesticides Limited is an India-based agrochemical company. The Company is engaged in the manufacture, sale and distribution of insecticides, fungicides, herbicides and various other agrochemical products. The Company also manufactures herbicide and fungicide technical and active pharmaceutical ingredients (APIs). Its technical products include herbicides, fungicides, insecticides and intermediates. Its formulations include IPL Dollar, IPL Vardan, IPL Vecto, IPL Trim WG, IPL-Sodhit DS, IPL-Sodhit WS, Captax-50, IPL Natraj, Sanjeevni, IPL Trim, IPL Talwar SC, Carbine-50 and others. Its active pharma ingredients include Anti-Fungal Drugs and Anti-Scabies Drugs. Its herbicides, such as Aclonifen, Pretilachlor, Prosulfocarb and others. The fungicides include Thiram, Ziram, Cymoxanil, Folpet, Captan and others. The insecticides include Diafenthiuron and Thiamethoxam. It supplies its products to the United States, Australia, Europe, Africa, South America and Asia.