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    HomeNewsBusinessMonsanto India Q1 net profit up 21% at Rs 66 crore

    Monsanto India Q1 net profit up 21% at Rs 66 crore

    Net income rose to Rs 264.41 crore during April-June quarter of the current fiscal from Rs 240.29 crore in the year-ago period.

    PTI
    August 06, 2018 / 19:37 IST
    We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)
       
       
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      Monsanto India today reported a 21.18 percent jump in its net profit at Rs 66.02 crore during the first quarter of the 2018-19 fiscal on higher sales. Its net profit stood at Rs 54.48 crore in the same quarter of the last financial year, the company said in its regulatory filing.

      Net income rose to Rs 264.41 crore during April-June quarter of the current fiscal from Rs 240.29 crore in the year-ago period.

      Expenses remained high at Rs 192.53 crore as against Rs 180.75 crore in the said period.

      Monsanto India sells agri-inputs like seeds in the country.

      PTI
      first published: Aug 6, 2018 07:32 pm

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