India Pesticides Q2 FY27: revenue down 21.2% to ₹229 Cr, net profit down 41.8% to ₹18 Cr
Results · Finvezto · 4 Nov 2026 · India Pesticides (IPL)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 229 | -9.2% | -21.2% |
| Operating profit | 31 | -13.8% | -37.3% |
| Net profit | 18 | -19.3% | -41.8% |
| Operating margin | 13.4% | -0.7 pp | -3.4 pp |
| Net margin | 8.0% | -1.0 pp | -2.8 pp |
Key points
- India Pesticides Limited reported Q2 FY27 revenue from operations of Rs 231 crore (down 21.6% from Rs 295 crore YoY), EBITDA of Rs 33 crore (down from Rs 54 crore), and profit after tax of Rs 18 crore (down from Rs 32 crore). NSE filing
- Profitability was weighed down by softer overseas demand for herbicides, erratic rainfall impacting domestic sales, and raw material volatility, even as IPL secured product approvals in the UK and Argentina. NSE filing
- Revenue was ₹229 Cr, down 21.2% on a year earlier and down 9.2% on the quarter before. Finvezto data
What to watch
- Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 16.7%, 15.7%, 14.1%, 13.4%.
- Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 23, 31, 23, 18.
Links
NSE filing (PDF) · Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.