India Pesticides Limited reported a 35% YoY drop in Q1FY26 standalone net profit to ₹23.07 crore, driven by rising material costs and other expenses. Revenue fell 8% to ₹252.56 crore. The company also faces a ₹7.10 crore tax demand appeal following income tax proceedings.
India Pesticides Limited reported a significant decline in profitability for the first quarter of FY26, with standalone net profit falling 35% year-on-year to ₹23.07 crore. The drop was primarily driven by an increase in cost of materials consumed an... [8176 chars]
Source: scanx.trade
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