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Finance

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…

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…

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…

DCM Shriram Ltd reports Rs 117.80 Cr consolidated PAT in Q4 FY24

The company has reported total income of Rs 2555.23 crores during the period ended March 31, 2024, as compared to Rs 2874.44 crores during the period ended March 31, 2023.…

Godrej Agrovet posts Rs 2,134 Cr consolidated revenues in Q4 FY24

In FY24 consolidated revenues from operations increased to Rs 9,561 crores from Rs 9,374 crores in FY23. Godrej Agrovet Limited has announced its financial results for the fourth quarter and…

BharatRohan raises 2.3 Mn USD funding to strengthen drone driven agri innovations

With the newly secured funding, the company’s primary focus will be on developing proprietary edge computing drones specifically for precise crop monitoring and variable pesticide application. BharatRohan, a pioneering agtech…

Fresh From Farm raises $2 Mn in Pre-Series A round from Inflection Point Venture

The funds will be utilised for team expansion, tech enhancement, and to introduce new product lines. Fresh From Farm, a B2B2C platform for consolidating fresh fruit demand, has successfully raised…

New report shows India agrifood tech funding dipping to pre-pandemic levels 

This reduction aligns closely with the global decline in agrifood tech investments, which fell by 50 per cent year-over-year AgFunder and Omnivore have released the sixth India AgriFoodTech Investment Report,…

Ayana Bio receives grant to harness neuroprotective benefits from plant cell-cultivated saffron

Funding will support Ayana Bio’s research examining the neuroprotective benefits of saffron for Huntington’s disease and other neurological and age-related diseases Ayana Bio, the plant cell technology company dedicated to creating sustainable bioactives for…

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