Hebei Lansheng Biotech Co., Ltd. ShangHai Yuelian Biotech Co., Ltd.

Excel Crop Care sales declined 6% in Q1 FY 2016-17qrcode

Aug. 17, 2016

Favorites Print
Aug. 17, 2016
Net sales of Excel Crop Care declined 6.37% to Rs 268.02 crore in the quarter ended June 30, 2016 as against Rs 286.26 crore during the previous quarter ended June 2015. Net profit rose 16.54% to Rs 36.78 crore in the quarter as against Rs 31.56 crore the same period of last year. 
On June 5, 2016, the Promoter Group of the Company has executed a share purchase agreement with Sumitomo Chemical Company. Under the said agreement, Sumitomo Chemical will acquire the entire promoter shareholding, aggregating to 24.72% of the total paid up share capital and also 20.26% shareholding of certain public shareholders viz Ratnabali Group. The share acquisition will be at the price of Rs 1259.36 per share and is subject to and conditional upon satisfaction of certain conditions and regulatory approval.


More from AgroNewsChange

Hot Topic More

I wanna post a press Comment


Subscribe Email: *
Mobile Number:  





Subscribe India Special Biweekly to send news related to your mailbox