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  • Progressing towards increasing share of non-cotton seeds biz: Kaveri Seed

    Kaveri Seed Company is in focus as reports indicate that the government is likely to slash BT cotton prices. Remember, cotton seeds contribute 66 percent to the revenues of the company. In an interview to CNBC-TV18, G Vijay Kumar, CFO of the company discussed the probability of this happening as well as the impact.

  • Expect 15-20% revenue growth; 20% plus growth in profits in Q1FY19: Kaveri Seeds

    Expect 15-20% revenue growth; 20% plus growth in profits in Q1FY19: Kaveri Seeds

    In an interview to CNBC-TV18, G Vijay Kumar, CFO of Kaveri Seeds spoke about the results and his outlook for the company.

  • Price cut will impact 2-3% revenues in non-cotton business: Kaveri Seed

    Price cut will impact 2-3% revenues in non-cotton business: Kaveri Seed

    Reports suggest that the seed industry has agreed to a 10 percent price cut on all hybrid seeds except cotton. This is effective from today and is for the kharif season that is currently underway. In an interview to CNBC-TV18, G Vijay Kumar, CFO of Kaveri Seed Company discuss the impact on the company.

  • See Rs 400 cr cash on books post buyback; promoters to participate: Kaveri Seed

    See Rs 400 cr cash on books post buyback; promoters to participate: Kaveri Seed

    The total buyback size would be around Rs 200 crore. The cash on books currently stood at Rs 600 crore and post buyback would be around Rs 400 crore, said G Vijay Kumar of Kaveri Seed.

  • Expect Budget to focus on agri, rural sectors: Kaveri Seed

    Expect Budget to focus on agri, rural sectors: Kaveri Seed

    Budget should boost rural economy and farmer financing which were hit by demonetisation, G Vijay Kumar, CFO of Kaveri Seed Company told CNBC-TV18.

  • See 10-15% growth in Q3; demonetisation impact small:Kaveri Seed

    See 10-15% growth in Q3; demonetisation impact small:Kaveri Seed

    G Vijay Kumar, CFO of the company is very upbeat of growth continuing for the next two-quarters too. He expects a 10-15 percent growth in the third quarter due to good rains.

  • Co being asked for compensation is an old issue: Kaveri Seed

    Co being asked for compensation is an old issue: Kaveri Seed

    Company being asked for compensation of Rs 43 lakh is an old issue, says Mithun Chand, ED of Kaveri Seed Company.

  • FY17 margin likely to be in-line with FY16: Kaveri Seed

    FY17 margin likely to be in-line with FY16: Kaveri Seed

    The price cap has had an impact on margins this year, says G Vijay Kumar, CFO, Kaveri Seeds.

  • Targeting 20% volume growth in FY17: Kaveri Seeds

    Targeting 20% volume growth in FY17: Kaveri Seeds

    Mithun Chand, Executive Director of Kaveri Seeds, told CNBC-TV18 that he expects the company to put up a good show in the coming quarters depending on the monsoon.

  • CFO's exit not related to SEBI's forensic audit: Kaveri Seed

    CFO's exit not related to SEBI's forensic audit: Kaveri Seed

    On the government‘s proposed move to cut cotton seed prices, Mithun Chand, Wholetime Director of Kaveri Seed says, although margins may be hit in the short term, it will help bring price uniformity in the longer run and curb royalty disputes.

  • Expect 20-25% growth in FY17: Kaveri Seeds

    Expect 20-25% growth in FY17: Kaveri Seeds

    C Mithun Chand, Wholetime Director at Kaveri Seeds is confident that the company will regain its market share.

  • Poor rains, low acreage to weigh on cotton seed vol: Kaveri

    Poor rains, low acreage to weigh on cotton seed vol: Kaveri

    C Mithun Chand, Wholetime Director, Kaveri Seeds in an interview to CNBC-TV18 said the main reason for lowering guidance for cotton seeds was poor monsoons, lower cotton acreages, subdues crop prices and lower sales.

  • No damage on unseasonal rains; Q4 a lean qtr: Kaveri Seeds

    No damage on unseasonal rains; Q4 a lean qtr: Kaveri Seeds

    C Mithun Chand, wholetime director at Kaveri Seed says unseasonal rains won't impact it much. He says the company saw good sales in the third quarter and fourth quarter had always been a lean one for it.

  • See improving acreages in corn, cotton going ahead: Kaveri

    See improving acreages in corn, cotton going ahead: Kaveri

    Discussing the third quarter results, C Mithun Chand, Wholetime Director of Kaveri Seeds, says he see improving acreages in corn and cotton going forward, even though Q4 is a traditionally weak quarter.

  • Eye additional Rs 25cr on FY15 bottomline: Kaveri Seeds

    Eye additional Rs 25cr on FY15 bottomline: Kaveri Seeds

    Mithun Chand, wholetime director, Kaveri Seeds says most of the Q2 sales were due to Q1 demand spillover over the delay in monsoons.

  • Monsoon pouring incremental demand for seeds: Kaveri Seeds

    Monsoon pouring incremental demand for seeds: Kaveri Seeds

    Confirming monsoon magic has cast the spell, C Mithun Chand, executive director of Kaveri Seeds says that the demand has swelled with early arrival of the rains. “50% of the cotton seeds are already sold. We see a good season for the entire seed industry,” he asserts.

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