Insecticides India Ltd (IIL) on Tuesday posted a 24.5 per cent drop in consolidated net profit to ₹43.87 crore for the first quarter of this fiscal due to lower sales amid rainfall deficit.
The national capital-based company had posted a net profit of ₹58.10 crore a year ago, it said in a regulatory filing.
The total income declined by 11.22 per cent to ₹616.86 crore for the April-June quarter from ₹694.83 crore in the year-ago period.
Expenses remained lower at ₹558.31 crore against ₹617.58 crore a year earlier.
The company said the first quarter degrowth is “primarily attributable to rainfall deficit across India”.
“While deficient rainfall impacted near-term revenue, pricing discipline and operating efficiencies helped stability in gross margin,” IIL Managing Director Rajesh Kumar Aggarwal said.
With an improving macro environment and focused execution, the company remains confident of progressively building momentum through the coming quarters, he added.
Published on August 11, 2026
