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Finance

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…

Yara posts increased deliveries, lower prices and reduced GHG emission intensity in Q1 2024

Total deliveries up 12 per cent with European deliveries up 37 per cent from Q1 FY23. Yara reported first-quarter EBITDA1 at USD 435 million compared to USD 487 million in…

Syngenta Group reports $7.4 Bn sales in Q1 2024

Given the current market environment, the Group remained focused on measures to improve operational efficiency and productivity to offset lower volumes and prices. Syngenta Group today announced financial results for…

Coromandel posts Rs 4,027 Cr total income in Q4 FY24 registering a decline of 27%

 Company posted PAT of Rs 209 Crores for Q4 vs Rs 262 Crores in Q4 of previous year, registering a decline of 20 per cent. Coromandel International Limited, India’s leading…

Samunnati secures $5Mn from Enabling Qapital in the first month of FY24-25

The recent raised funds will enable Samunnati to strengthen its business operations and customize its solutions to meet the specific needs of different value chain players. Samunnati, a leading agri…

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