General
AIMCO Pesticides reports strong profit, sales
In Q1FY21, the company's sales grew 17.61% YoY and reached Rs.49.75 crores
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By ICN Bureau | November 15, 2020
India based agro chemicals company, AIMCO Pesticides Limited (APL) has reported a strong growth in sales as well as profits during second quarter of the current fiscal.
In Q1FY21, the company's sales grew 17.61% YoY and reached Rs.49.75 crores as compared to Rs.42.30 crores during the same period last year.
The company also reported a strong jump of 32% YoY and its net profit touched Rs.1.88 crores as against Rs.1.42 crores for the period ended September 30, 2019.
APL is a leading company in the field of agrochemical manufacturing, formulation and marketing. The company is a major player in insecticides, fungicides and herbicides segments in India. The company is into manufacturing of various technical grade pesticides.
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