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Company News

Hikal Limited reports revenue of Rs 1,785 Cr in FY24

In Q4 FY24 company’s crop protection business reported revenue of Rs 177 crore and EBIT of Rs 14 crore. Hikal Ltd., a preferred long-term partner for leading global life sciences…

Coromandel International increases stakes in Dhaksha Unmanned Systems

Coromandel will invest Rs 150 crore taking its shareholding in the Dhaksha to 58 per cent. Agriculture solutions provider Coromandel International is acquiring an additional 7 per cent stake in…

 FMC Corporation posts revenue of $918 Mn in Q1 FY2024

Asia sales declined 29 per cent (down 28 percent organically), primarily from lower volumes in China due to poor weather. FMC Corporation reported first quarter 2024 revenue of $918 million,…

Agritech startup Eeki plans to invest Rs 700 Cr to enhance its domestic and global presence

Eeki will commence exports of vegetables to international markets including UAE, Singapore and Europe in the next few months. Eeki, a pioneering agritech startup cultivating nutritious vegetables in a sustainable…

Meghmani Organics Ltd reports Rs 418.9793 Cr total income in Q4 FY24

 The company has posted net profit / (loss) of Rs. -17.9631 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. -38.2253 crores for…

Corteva Agriscience appoints Subroto Geed as the new President for South Asia

Geed’s expertise in strategic planning and focus on customer value creation aligns perfectly with Corteva’s commitment to advancing the transformation of agriculture. Corteva Agriscience, a global leader in agriculture solutions,…

Dubai Farms join hands with Bumblebee Food to drive sustainable agricultural practices

By sourcing ingredients exclusively from local farms, Bumblebee Food is contributing to a more productive and eco-friendlier agricultural sector for Dubai. Bumblebee Food, a leading provider of ready-made meal plans…

Magellanic Cloud bags Rs 43 Cr order for Logistics drones

The company aims to capture a 5 per cent share of the USD 6 billion last-mile delivery segment in India, leveraging its first-mover advantage and advanced technology. Magellanic Cloud, a…

UPL posts 94.95% decline in consolidated net profit in Q4 FY24

Company’s revenue from operations declined 15.03 per cent YoY to Rs 14,078 crore in the quarter ended 31 March 2024, primarily due to lower prices in the post-patent market. Agrochemical…

Bayer Cropscience outperforms in a difficult market in Q1FY 24

Sales declined by 3.0 per cent to 7.907 billion euros, mainly due to lower volumes for non-glyphosate-based herbicides and the Fungicides business in Europe/Middle East/Africa. The Bayer Group performed as…

FMC Corporation announces multi-year research agreement with AgroSpheres

The agreement aims to bolster FMC’s position as the market leader in insecticides and AgroSpheres’ speed to market for its ribonucleic acid (RNA) portfolio. FMC Corporation, a leading global agricultural…

ICAR and Bayer to drive sustainable Ag-tech adoption among smallholder farmers

The partnership aims to provide farmers agronomic solutions, crop protection, mechanization for Direct Seeded Rice, and precision tools for water-positive practices. Indian Council of Agricultural Research and Bayer, a Global…

Coromandel expands Agtech Footprint with increased shareholding in Ecozen

Coromondel made investment of Rs 24 crores through its wholly owned subsidiary and corporate venture capital arm Dare Ventures Limited. Coromandel International Limited, India’s leading agri solutions company, has announced…

Hester Biosciences reports Consolidated Revenue growth of 18% at Rs 79.3 Cr

Net Profit of the company for Q4FY24 was up 12 per cent to Rs. 6.40 crore as compared to the net profit of Rs. 5.71 crore in Q4 FY23. Ahmedabad…

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