Monsanto India net profit up 16% at Rs 56.24 crore in Q1 FY2013

Date:07-31-2013

Monsanto India recently posted 15.64 per cent increase in net profit at Rs 56.24 crore during the first quarter ended June 30 on higher sales.The company had clocked a net profit of Rs 48.63 crore in the same quarter a year ago.

Total income increased 11.38 per cent to Rs 227.64 crore during the first quarter of FY2013 from Rs 204.37 crore in the same period last year, Monsanto India said.

Monsanto India is a subsidiary of the US-based Monsanto engaged in selling agri-inputs.