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Finance

Cabinet approves 7 major schemes for farmers with total outlay of Rs 14,235.30 Cr

 The schemes include Digital Agriculture Mission, Crop science for food, Sustainable livestock health and production, Strengthening Agricultural Education, Sustainable development of Horticulture and Strengthening of Krishi Vigyan Kendra. The Union…

PM to lay foundation stone of 218 fisheries projects worth Rs 1,564 Cr in Maharashtra

These initiatives are expected to generate more than five lakh employment opportunities in the fisheries sector. Prime Minister Narendra Modi will visit Mumbai and Palghar in Maharashtra on 30th August…

Biofics raises Rs 10.4 Cr in Pre-Series A Funding to accelerate growth in Bio-CNG

The company plans to develop advanced Bio-CBG plants, invest in research and development, and create more green jobs in the bioenergy and solid waste management sector. Biofics Private Limited, a…

Cabinet approves progressive expansion of Central Sector Scheme of ‘Agriculture Infrastructure Fund’

These initiatives aim at expanding the scope of eligible projects and integrate additional supportive measures to foster a robust agricultural infrastructure ecosystem. The Union Cabinet chaired by Prime Minister, Narendra…

KRBL’s domestic business clocks Rs 925 Cr revenue in Q1FY25

The E-commerce ecosystem has delivered a staggering 75 per cent revenue growth (vs. STLY) * for KRBL, solidifying its position as a pivotal strategic channel for the company’s business expansion.…

Agri and food supply chain platform Ayekart records strong results for FY 2023-24

 Company’s Gross margin increased substantially from Rs 19 Crore to Rs 45.10 Crore in FY23-24, marking a compound annual growth rate (CAGR) of 379 per cent from Rs 3.13 Crore…

Insecticides (India) Limited posts 68.18% growth in profit in Q1 FY25

Total income increased marginally to Rs 659.20 crore from Rs 643.84 crore in the year-ago period. Insecticides (India) Limited has reported the financial results for Q1FY25. Insecticides (India) Ltd on…

Adaptation finance is crucial for building climate resilience of India’s agri communities- Bridgespan – HSBC India study

The survey has been conducted with nearly 800 farmers and 150 labourers in four Indian states (Andhra Pradesh, Bihar, Maharashtra, and Uttar Pradesh). Philanthropies and impact-first investors can play a…

Punjab & Sind Bank to fund PAU for Futuristic Farming project

Technologies such as sensor-based irrigation, automated weather stations, drone applications, and machine learning-based decision support systems will be showcased on the new demo farm. Punjab Agricultural University (PAU), Ludhiana, has…

Best Agrolife Ltd reports Rs 519.3 Cr revenue Q1 FY25

Company posted Profit After Tax of Rs 21.3 Crore in Q1FY25. Best Agrolife Limited, amongst India’s leading agrochemicals manufacturers, announced its unaudited financial results for the quarter ended June 30th,…

Sonalika Tractors posts sale of 51,268 tractors in FY25’s first four months

This success is attributed to the company’s extensive product lineup, which ranges from tractors with 20 to 120 horsepower and incorporates advanced features. Sonalika Tractors announced that the company has…

 Salam Kisan achieves 11X revenue growth in FY 2024, Totalling Rs 23.61 Cr

 Company projects an additional Rs 16 crore in revenue from drone spraying services and input sales during the upcoming Kharif season. Salam Kisan, a pioneering agri-tech platform, has recorded a…

Coromandel International posts Rs 4,783 Cr total income in Q1 FY25

Company reported PAT Rs 331 Cr in Q1 FY25 vs Rs 505 Cr in Q1 of previous year. Coromandel International Limited, India’s leading Agri solutions provider is in the business…

Bayer CropScience reports Rs 16,312 Mn revenue from operations Q1 FY25

Profit Before Tax for the quarter stood at Rs 3,158 million, compared to Rs 4,061 million in the corresponding quarter of the previous financial year. Bayer CropScience Limited announced its…

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