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Insecticides (India) gains on receiving 20-year patent for novel pyrazole compound
07-Jun-23   11:19 Hrs IST

In a regulatory filing made during market hours today, the company said that the Patent Office, Government of India, has granted the patent for an invention to Insecticides (India) and OAT Agrio Co. entitled 'substituted pyrazole derivatives and insecticides and fungicides' for a term of 20 years from 28 June 2019.

Insecticides (India) is engaged in the manufacturing activities of agro chemicals, pesticides and technical products for agriculture purposes.

The company reported a consolidated net loss of Rs 29.30 crore in the quarter ended March 2023 as against net profit of Rs 22.33 crore during the previous quarter ended March 2022. Sales rose 8.60% to Rs 301.90 crore in Q4 FY23 over Q4 FY22.

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