India Pesticides jumps on quarterly profit surge

India Pesticides

27/05/2025 07:45

** Shares of India Pesticides IDIP.NS climb 10.6% to 189.9 rupees, their highest point in more than five months

** Stock eyes busiest trading session in 14 months, volumes at 14.7x the 30-day avg, if gains hold

** The agrochemical firm reported March-qtr consol PAT of 217.7 million rupees ($2.55 million) vs 10.6 million rupees a year ago; rev grew 64% y/y

** Stock up 5.2%, YTD

   ($1 = 85.3040 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))