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Finance

 Best Agrolife ‘s Q1 FY24 revenue jumps 32% YoY to Rs 612 Cr

Company’s gross margin for the quarter is at 30 per cent as compared to 19 per cent in Q4FY23 and 21 per cent in Q1 FY23.  Best Agrolife Limited (BAL)…

Tesco provides financial backing to UK egg farmers

The move comes as the industry sees signs of recovery for the first time since the start of the cost-of-living crisis Tesco has announced it is providing a further £10…

Godrej Agrovet reports PAT of Rs 124.5 Cr in Q1 FY24

Segment results of Crop Protection business improved significantly by 224 per cent in Q1 FY24 as compared to the same period last year. Godrej Agrovet Limited (GAVL) has today announced…

Mega plantation drive for oil palm cultivation under National Mission for Edible Oils

State Governments along with Oil Palm processing companies are participating in Mega Plantation Drive for Oil Palm Cultivation to cover an area of roughly 7750 hectares To increase the oil…

BASF Agri Solutions posts sales of €2.2 billion in Q2 FY2023

The decline in volumes attributes to higher channel inventories in individual core markets as well as lower agricultural commodity prices. In a tough market environment, BASF Group sales in the…

DFPCL reports Rs 110.03 Cr consolidated PAT in Q1 FY 2023-24

The company has reported total income of Rs 2333.38 crores during the period ended June 30, 2023, as compared to Rs 3042.28 crores during the period ended June 30, 2022.…

Sharda Cropchem reports net loss of Rs 88.6399 Cr in Q1 FY 2023-24  

The company has reported total income of Rs 663.7688 crores during the period ended June 30, 2023, as compared to Rs.844.7811 crores during the period ended June 30, 2022. Agrochemical…

BASF India Limited posts PAT of Rs 1,518.7 Mn in Q1 2023-24

Company registered sales of Rs 33,746.5 million in Q1 2023-2024, as compared to Rs 38,877.9 million in Q1 2022-23 representing a decrease of 13 per cent. Agrochemical major, BASF India…

Corteva announces increased quarterly dividend

This is Corteva’s third dividend increase since its 2019 spin-off and a result of the Company’s firm focus on driving margin expansion Corteva announced Board of Directors has authorised a common…

DAHD launches “Credit Guarantee Scheme” for MSMEs engaged in livestock sector

Scheme to act as a key enabler and risk mitigation measure for lending institutions and enabling collateral free funding to livestock sector. Department of Animal Husbandry & Dairying, Ministry of…

Hectar Global secures $2.1 Mn in seed funding to drive innovation in cross border agri trade

 Singapore based Powerhouse Ventures led the round with participation from WEH Ventures, All In Capital, Indian Silicon Valley and angel investors Anant Sarda and Adhish Ladha.  Hectar Global, a Chennai…

ADAMA provides performance estimation for the First Half Year of 2023

Expecting to report a decline in sales that reflect market dynamics of channel destocking. Israel based ADAMA Ltd., has provided an estimate regarding its financial performance for the first half…

Wild Oasis Bison launches crowdfunding campaign to expand sustainable operations

The crowdfunding campaign aims to raise funds to invest in infrastructure upgrades, pasture development, and equipment that will enhance the overall quality and efficiency of their sustainable ranching practices Wild…

Rallis India reports revenue of Rs 782 Cr in Q1 FY24

Company records Profit after tax (after exceptional items) of Rs 63 Crores in Q1 FY24 as compared to Rs 67 Crore of previous year. Rallis India Limited, a TATA Enterprise…

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