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.