Insecticides India reported a muted performance, with its revenue growing by just 1% yoy to Rs4.2bn, owing to weak demand and lower sales of certain generic products. Gross margin improved by 330bps to 25.5% led by a better product mix. EBITDA increased by 18% yoy to Rs556mn as EBITDA margin expanded by 200bps yoy to 13%. Higher other income (+112% yoy to Rs24mn) led to a 29% yoy increase in PAT...