Agro-chemical firm Dhanuka Agritech on Monday reported a 35 per cent decline in its profit to ₹36.30 crore for the quarter ended June and said it will set up a new pesticide plant in Maharashtra at a cost of up to ₹200 crore.
Its net profit was at ₹55.50 crore in the year-ago period.
Total income fell to ₹470.79 crore in the first quarter of this fiscal from ₹536.33 crore in the corresponding period of the preceding year, according to a regulatory filing.
Dhanuka Agritech also announced an investment of up to ₹200 crore for setting up a pesticide manufacturing Unit at Nagpur, Maharashtra.
The annual capacity will be 23,000 tonne. The plant is expected to be operational by April 2028.
Published on August 3, 2026