Comments
Riding on spurt in farming activity on account of good monsoon this season, crop protection firm Insecticide (India) Ltd has posted 67 per cent increase in net profit to ₹30.50 crore in the first quarter ended on June 30, a release from the company said on Wednesday.
Net profit in the corresponding period last fiscal was ₹18.22 crore. IIL’s net revenue went up by 16 per cent to ₹345.62 crore against ₹298 crore in Q1 last year. The profit before tax also jumped 65 per cent at ₹42.15 crore compared to ₹25.50 crore in the same period in 2016-17, the release said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.