India Pesticides Q2 FY27: Consolidated revenue Rs 228.71 cr, PAT Rs 18.42 cr

What the numbers show

• Net margin was 8.05% of revenue, down 283 bps from 10.89%.
• Total expenses fell 16.8% while revenue fell 21.2%.
• Changes in inventories accounted for Rs 27.79 cr of the Rs 41.57 cr fall in total expenses (66%).
• Cost of materials took 66.7% of revenue, against 59.9% a year earlier.

• Basis & period: Consolidated statement of unaudited financial results for the quarter ended 30th Sept, 2026, with prior comparable quarter ended 30th Sept, 2025 (statement of financial results, consolidated table).

• Revenue from operations: Rs 228.71 cr (30th Sept, 2026) vs Rs 290.36 cr (30th Sept, 2025).

• Other income: Rs 2.60 cr vs Rs 4.79 cr.

• Total income: Rs 231.31 cr vs Rs 295.15 cr.

• Cost of materials consumed: Rs 152.53 cr vs Rs 173.79 cr.

• Changes in inventories of finished goods and work-in-progress: Rs (38.08) cr vs Rs (10.29) cr.

• Employees benefits expenses: Rs 18.60 cr vs Rs 15.19 cr.

• Finance cost: Rs 2.45 cr vs Rs 1.22 cr.

• Depreciation and amortization expenses: Rs 6.04 cr vs Rs 5.36 cr.

• Other expenses: Rs 65.04 cr vs Rs 62.88 cr.

• Total expenses: Rs 206.58 cr vs Rs 248.15 cr.

• Profit before tax: Rs 24.73 cr vs Rs 47.00 cr.

• Total tax expense: Rs 6.31 cr vs Rs 15.39 cr.

• Profit after tax: Rs 18.42 cr vs Rs 31.61 cr.

• Total comprehensive income for the period: Rs 18.18 cr vs Rs 31.58 cr.

• Paid-up equity share capital: Rs 11.52 cr vs Rs 11.52 cr.

• Earnings per share – Basic: Rs 1.60 vs Rs 2.74.

• Earnings per share – Diluted: Rs 1.60 vs Rs 2.74.

For the quarter ended 30th Sept, 2026, India Pesticides Limited reported consolidated revenue from operations of Rs 228.71 cr, lower than Rs 290.36 cr in the corresponding quarter ended 30th Sept, 2025, as per the consolidated statement of financial results. Including other income of Rs 2.60 cr (vs Rs 4.79 cr), total income stood at Rs 231.31 cr compared with Rs 295.15 cr a year earlier.

On the cost side, cost of materials consumed was Rs 152.53 cr against Rs 173.79 cr in the prior-year quarter, while changes in inventories of finished goods and work-in-progress moved to Rs (38.08) cr from Rs (10.29) cr. Employees benefits expenses increased to Rs 18.60 cr from Rs 15.19 cr. Finance cost rose to Rs 2.45 cr from Rs 1.22 cr, and depreciation and amortization expenses increased to Rs 6.04 cr from Rs 5.36 cr. Other expenses were Rs 65.04 cr versus Rs 62.88 cr. Total expenses were Rs 206.58 cr compared with Rs 248.15 cr in the same quarter last year.

Profit before tax for the quarter was Rs 24.73 cr, down from Rs 47.00 cr in the corresponding quarter. Total tax expense was Rs 6.31 cr versus Rs 15.39 cr. Profit after tax came in at Rs 18.42 cr compared with Rs 31.61 cr a year earlier. Total comprehensive income for the period was Rs 18.18 cr, versus Rs 31.58 cr in the prior-year quarter.

The paid-up equity share capital (face value of Rs.1 each) remained at Rs 11.52 cr. Basic and diluted earnings per share for the quarter were both Rs 1.60, compared with Rs 2.74 in the quarter ended 30th Sept, 2025.