Agrochemical sector company India Pesticides (IPL) has presented its December quarter results. According to the company, its profit has fallen by 33 percent compared to last year. At the same time, income has increased by 13 percent. Both the company's EBITDA and EBITDA margin have come down. At the same time, compared to the September quarter, the company's income and profit have seen a decline. The stock saw a decline in Friday's trading and the stock closed at 158, down by about 3 percent.

What information has the company given?

The company has informed that its profit has come down from Rs 24 crore to Rs 16 crore, that is, there has been a decline of 33 percent on a year-on-year basis. Compared to the September quarter, it has registered a decline of 38 percent. At the same time, the total income of the company has increased by 13 percent to Rs 175 crore. EBITDA has fallen by 21 percent to Rs 29 crore on a year-on-year basis. In the same quarter last year, EBITDA was Rs 37 crore and in the September quarter, EBITDA was Rs 39 crore. The company's EBITDA margin has come down from 24 percent to 16.7 percent. EBITDA margin has come down from 21.5 percent to 14 percent. At the same time, the profit of the company's first 3 quarters has increased by 3.5 percent. At the same time, the total income has increased by 12 percent. After the results, the company said that the demand in the market remains constant. The effect of which has been seen in the volume. However, price adjustments in the international market have impacted margins.