Monday, Mar 24 2025 | Time 21:43 Hrs(IST)
Business Economy


Insecticides (India) Ltd net up 42 pc at Rs 17.4 cr in Q3 despite flat revenue

New Delhi, Feb 10 (UNI) Crop protection and nutrient firm Insecticides (India) Ltd on Monday reported 42 per cent jump in net profit year-on-year at Rs 17.4 crore inthe third quarter, versus Rs 12.3 crore in same quarter of 2023-24.
Revenue from operations remained flat at Rs 357.7 crore in October -December quarter as against Rs 357.9 crore in same quarter of previous fiscal, company said in a statement.
Commenting on results, Rajesh Aggarwal, MD, IIL, said "We are excited to share our robust performance during current quarter with 42 per cent growth in PAT. This is in line with the strategic framework established at start of the year focussing on profitable growth with higher share of premium products and improving its margins. The first 9 months has been in line with expectations, driven by strong contributions from our premium products range, which now constitutes 62 per cent of B2C revenue and significant improvement in our EBITDA margins."
The company launched 10 new products in first nine months including latest technology products, it added.
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HDFC Capital partners with Total Environment to form Rs 1,300 cr platform

24 Mar 2025 | 7:11 PM

Hyderabad, Mar 24 (UNI) HDFC Capital, the real estate private equity arm of HDFC Group, on Monday said it has partnered with Total Environment, one of South India’s leading real estate developers, to form a Rs 1,300 crore platform for the development of high-quality homes in Bengaluru.

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Shriram Fin strengthens SME portfolio in TN

24 Mar 2025 | 6:08 PM

Chennai, Mar 24 (UNI) Shriram Finance Limited (SFL) of Shriram Group has recorded an impressive Rs. 8,938.61 crores in its SME loan portfolio in Tamil Nadu.

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GSMA Board elects Gopal Vittal as new Chairman

24 Mar 2025 | 6:06 PM

Kolkata, Mar 24 (UNI) The Board of Directors of the GSMA elected Gopal Vittal, Vice Chairman & MD, Bharti Airtel, as its new Chairman, until the end of 2026.

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Panasonic introduces its 2025 AC line-up in East India

24 Mar 2025 | 6:03 PM

Kolkata, Mar 24 (UNI) Panasonic Life Solutions India on Monday introduced its 2025 line-up of air conditioners in East India.

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KVB opens 4 new branches in TN, AP

24 Mar 2025 | 5:52 PM

Chennai, Mar 24 (UNI) Karur Vysya Bank (KVB) on Monday inaugurated 4 new branches in Tamil Nadu and Andhra Pradesh.

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