Insecticides India Q1 sales up 13%
Indian company Insecticides India recorded a net sales increase of 13.1% to Rs 2,854 million ($43.9 million at the current rate) in its first quarter ended June 30th 2015. Formulations accounted for some three-quarters of revenues whereas sales of technical material made up around a quarter. Net profit was up by 13.8% to Rs 198 million ($3 million). The company recorded sales growth of 11.6% to Rs 9,641.9 million ($148.3 million) in its fiscal year ended March 31st 2015.