Quick Summary
Insecticides India Ltd (IIL) disclosed on Monday, December 16, that the Income Tax Department is conducting searches at its registered office and other company locations. In a regulatory filing, the company stated, "A search by the Income Tax Department is being carried out at the registered office
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FAQ :
The Income Tax Department is conducting searches at the registered office and other premises of Insecticides India Ltd.
Yes, the company has stated that it and its employees are fully cooperating with the authorities and providing all necessary information and support.
Insecticides India Ltd disclosed the searches on Monday, December 16.
In Q2 FY25, Insecticides India Ltd reported a net profit of ₹61.5 crore (up 15.6% YoY), revenue from operations of ₹627 crore (down 9.9% YoY), and EBITDA of ₹89.4 crore (up 9.2% YoY).
Yes, the company's premium products segment saw an 11% growth in Q2 FY25, with flagship offerings contributing significantly to B2C sales.
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