Excel Crop Care Q3 profit down 85.41%

Excel Crop Care Ltd has announced its financial results for the period ended December 31, 2011.

The company has posted net profit of Rs.10.91 million for the quarter ended Dec. 31, 2011 as compared to Rs.74.80 million for the quarter ended Dec. 31, 2010, representing a decrease of 85.41%.

Total income was at Rs.1676.34 million for the quarter ended December 31, 2011 where as the same was at Rs.1510.45 million for the quarter ended December 31, 2010, representing an increase of 10.98%.

The company has reported an EPS of Rs.0.99 for the quarter ended December 31, 2011 as compared to Rs.6.80 for the quarter ended December 31, 2010.

The company has posted net profit of Rs.156.92 million for the 9 months period ended Dec. 31, 2011 as compared to Rs.458.25 million for the 9 months period ended Dec. 31, 2010, representing a decrease of 65.76%.

Total income was at Rs.4984.68 million for the 9 months period ended December 31, 2011 where as the same was at Rs.5844.71 million for the 9 months period ended December 31, 2010, representing a decrease of 14.71%.

The company has reported an EPS of Rs.14.26 for the 9 months period ended December 31, 2011 as compared to Rs.41.64 for the 9 months period ended December 31, 2010.

Shares of Excel Crop Care Ltd was trading in BSE at Rs.147, up by Rs.13.70 or 10.28%. The stock hit an intraday high of Rs.147 and low of Rs.133.

The total traded quantity was 23781 compared to 2 week average of 3363.