Insecticides (India) Limited (IIL), a leading crop protection and nutrition company, has announced its financial results for the quarter and nine months ended December 31, 2025, reporting resilient performance despite industry headwinds.

 

Consolidated revenue for Q3 FY26 grew 8% year-on-year to ₹385 crore, driven primarily by robust growth in the B2B segment. However, B2C sales were affected by erratic rainfall and a subdued spraying season. Gross profit margins moderated to 32.4% due to a higher B2B mix and pressure on B2C margins, while PAT fell 40% to ₹10 crore owing to higher finance costs and depreciation.

 

Over the nine-month period, revenue reached ₹1,714 crore, up 4% from the previous year, with gross profit rising 7% to ₹546 crore. EBITDA for 9MFY26 stood at ₹201 crore, a 5% increase year-on-year.

 

The company continued its focus on product innovation and deep farmer connect. During 9MFY26, IIL launched five new products, including Sparcle, Centran, and Torry Super, which saw encouraging adoption. The company also engaged with over 25,000 farmers through field meetings and 5,000 field days across India to showcase advanced crop protection solutions.

 

Commenting on the results, Rajesh Kumar Aggarwal, MD of IIL, said: "IIL reported a resilient performance in Q3, delivering 8% revenue growth despite a challenging operating environment characterized by industry-wide macro headwinds, erratic weather patterns, and a subdued spraying season. 

 

"Growth during the quarter was predominantly volume-led, driven by a higher contribution from the B2B segment, while B2C demand remained muted amid broader sectoral pressures. Margin compression is transitory, driven by industry headwinds and a high base effect, and is expected to improve over time."

 

He added: "The Company continued to invest in long-term brand building, with encouraging outcomes from recent launches, including Sparcle, an advanced chemistry insecticide from Corteva and Torry Super, developed by in house R&D, with aggressive demand generation activities and deep farmer connect. 

 

"Alongside this, IIL further strengthened organizational capabilities, focused internal training initiatives and accelerated phygital farmer outreach. With a strengthened portfolio, disciplined execution, and sustained focus on farmer engagement and innovation, IIL remains well positioned for profitable growth over the medium term."