India Pesticides Re-appoints Dheeraj Kumar Jain as CEO for 5 Years; Reports Q3 FY26 Results
India Pesticides Limited approved its Q3 FY26 unaudited financial results, with standalone revenue at ₹225.93 crore and consolidated revenue at ₹225.30 crore. The Board re-appointed Mr. Dheeraj Kumar Jain as CEO & KMP for a five-year term from January 23, 2026, to January 22, 2031. Standalone profit after tax for the quarter was ₹21.10 crore.
The re-appointment of a key managerial person for a significant term and the approval of quarterly results are material events for the company.
The re-appointment of the CEO for a long term signals stability and continued leadership, which is positive for the company. The financial results for the quarter are also reported.
India Pesticides Limited announced the outcome of its Board Meeting held on February 9, 2026. The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended December 31, 2025.
The company's revenue from operations for the quarter stood at ₹225.93 crore on a standalone basis and ₹225.30 crore on a consolidated basis. For the nine months ended December 31, 2025, standalone revenue was ₹790.96 crore and consolidated revenue was ₹790.93 crore.
In a significant management decision, the Board approved the re-appointment of Mr. Dheeraj Kumar Jain as the Chief Executive Officer (CEO & Key Managerial Personnel) for a second term of five years, commencing from January 23, 2026, to January 22, 2031. Mr. Jain, a chemical engineering postgraduate with over 50 years of industry experience, has been associated with the company for over 30 years and has served as CEO since 2021.
The financial results indicate a profit after tax of ₹21.10 crore on a standalone basis and ₹26.90 crore on a consolidated basis for the quarter ended December 31, 2025. For the nine months ended December 31, 2025, standalone profit after tax was ₹205.30 crore and consolidated profit after tax was ₹89.21 crore.
The company also noted proceedings under Section 132 and Section 158BC of the Income Tax Act, 1961, with management expressing confidence that the outcome will not materially impact the company's financial position. Additionally, the company disclosed an incremental impact of ₹0.60 crore from the recently notified Labour Codes.
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