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Monsanto India Q1 net up 26% to Rs 71.02 crore
Aug. 1, 2014
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Monsanto India reported 26.28% jump in net profit to Rs 71.02 crore for the first quarter of current fiscal on the back of higher sales. The company had reported a net profit of Rs 56.24 crore in the same quarter of the previous fiscal.
The company's net sales rose to Rs 259.39 crore from Rs 223.15 crore in the year-ago period. However, the company's expenses increased to Rs 184.73 crore from Rs 166.58 crore in the same period.
Monsanto India, a subsidiary of the Monsanto Company, is a seed company focusing on maize and agricultural productivity. Monsanto Company holds 72.14% stake in Monsanto India.
Monsanto India, a subsidiary of the Monsanto Company, is a seed company focusing on maize and agricultural productivity. Monsanto Company holds 72.14% stake in Monsanto India.
Source: The Economic Times
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