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HIL records 41% increase in malathion technical pesticide in H1FY21

23 Oct 2020 Evaluate

HIL (India) has manufactured 530.10 tonnes of malathion technical pesticide during the first six months of this fiscal (H1FY21) as compared to 375.5 tonnes in corresponding period of last financial year, registering a growth of 41 percent.

Despite restrictions due to the COVID-19 pandemic, the company has registered highest sale of malathion in first two quarters and supplied the entire quantity to various institutions like agriculture ministry's locust control programme and municipal corporations across the country for vector control programme. The company also exported the product during the period to Iran through the Ministry of External Affairs on government to government basis.

HIL is a leading player in asbestos cement sheet (ACS) for roofing, from which it derives 70 per cent of its revenue at present.

Peers
Company Name CMP
Ultratech Cement 11146.00
Ambuja Cements 387.25
ACC 1240.10
Shree Cement 22563.20
Dalmia Bharat 1729.00
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