Excel Crop Care sales down 12% in Q1 2015/2016

Date:08-06-2015

Indian agrochemical company Excel Crop Care recorded a decline in standalone net profit for the quarter ended June 2015.  During the quarter, the profit of the company declined 4.88% to Rs 315.56 million from Rs 331.75 million in the same quarter last year.

Revenues for the quarter declined 12.40% to Rs 2,899.20 million, compared with Rs 3,309.72 million for the prior year period.

Operating margin for the quarter stood at 15.69 percent as compared to 13.48 percent for the previous year period. Operating Income for the quarter was Rs 454.99 million, compared with Rs 446.154 million in the previous year period.