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Finance

Hikal Ltd reports lower consolidated PAT of Rs 6.92 Cr in Q1 FY23-24

The company has reported total income of Rs 388.99 crores during the period ended June 30, 2023, as compared to Rs 382.06 crores during the period ended June 30, 2022.…

Insecticides (India) Ltd reports revenue growth of 14.14 % in Q1 FY23-24

Company’s PAT stood at Rs 291.42 Mn in Q1 FY24, compared to Rs 383.09 Mn in Q1 FY23, margins reduced from 6.83 per cent in Q1 FY23 to 4.55 per…

Bayer CropScience reports 18.5 % drop in sales to 4.924 Bn euros in Q2 FY2023

The fall in sales is mainly driven by lower volumes and prices for glyphosate-based products in North and Latin America as well as in Europe/Middle East/Africa. Bayer has published detailed…

FMC Corporation announces $30.5 Mn commitment to Zero Hunger Private Sector pledge

Pledge includes the company’s initiatives supporting smallholder farmers, youth, and advancements in climate-smart technologies and digital tools for farmers in Asia, Africa and Latin America. FMC Corporation, a leading global…

Hester Biosciences posts 88% growth in Consolidated Net Profit in Q1FY24

Revenue from operations up 73 per cent to Rs 87.85 crore in Q1FY24. Hester Biosciences Limited, one of India’s leading animal health company, manufacturing vaccines and health products has reported…

Bayer CropScience India posts Rs 17,396 Mn revenue from operations in Q1FY 2023-24

 Company’s Profit Before Tax for the quarter stood at Rs 4,061 million, compared to Rs 3,823 million in the corresponding quarter of the previous financial year. Bayer CropScience Limited announced…

UPL posts Rs 8,963 Cr revenue in Q1 FY24

Net debt at $3.19 billion as of June 2023, down by $160 million vs June 2022. UPL Ltd. has reported financial results for the first quarter of FY24 (Apr-June 2023).…

Sonalika records 10,683 overall tractor sales in July’23

With 14 per cent domestic growth, company has beaten industry growth (est. 6.4 per cent) and powered past 50,000 cumulative tractor sales mark in just 4 months (Apr-July’23). India’s leading…

FMC Corporation posts revenue of $1.01 Bn in Q2 2023, down 30 % versus Q2 2022

Abrupt and unprecedented reductions in inventory by growers and the distribution channel led to significant volume decline despite steady on-the-ground consumption. FMC Corporation has reported second quarter 2023 revenue of…

Mahindra’s Farm Equipment sector sells 24,168 units in India during July 2023

Total tractor sales (Domestic + Exports) during July 2023 were at 25,175 units, as against 23,307 units for the same period last year.  Mahindra & Mahindra Ltd.’s Farm Equipment Sector…

 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…

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