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Finance

CropIn with Mucheki Consulting to digitise Africa’s agri ecosystem

Agri stakeholders will get valuable real-time insights ensuring better decision making that will bring about consistency, dependability, sustainability, better crop yield CropIn, a leading AI and data-led organisation in line…

Bayer’s agri sales rises by 25.8 per cent to 3.850 Bn euros

The growth was particularly strong at Corn Seed & Traits, driven by gains in North America The Bayer Group registered a significant increase in sales and earnings in the third…

Farmmi to acquire minority ownership of Jiaoda Onlly for $79.8 M

Accelerates Farmmi’s diversification into the medical and health industry Farmmi has announced that the company has agreed to purchase approximately 16 per cent of Shanghai Jiaoda Onlly, a Shanghai Stock…

ITC posts gross revenue of Rs 13,356.15 Cr in Sept quarter

The company posted robust growth in external businesses led by wheat, rice, leaf tobacco, aqua and spices exports ITC has posted the standalone financial results for the quarter ended September…

FMC Corporation posts $1.19 Bn revenue in Q3

The adjusted EBITDA was $293 million FMC Corporation has reported third-quarter 2021 revenue of $1.19 billion, an increase of 10 per cent versus third quarter 2020. Revenue increased 9 per…

Best Agrolife’s promoters acquire 3,21,000 equity shares

The promoter’s share capital in the company has now gone up by 1.36 per cent Best Agrolife’s promoters have recently acquired 3,21,000 equity shares in the company. The promoter’s share…

UPL registers Rs 633 Cr net profit in Q2FY22

EBITDA increased to Rs 2,045 crore as against Rs 1,808 crore UPL has posted the financial results for the second quarter FY 22 (July-Sept 2021). The revenues increased 18 per…

Coromandel Intl posts PAT of Rs 519 Cr in Sept quarter

Registers a decline in EBITDA of Rs 740 crore in the same quarter Agri solutions provider Coromandel International has reported the financial results for the quarter ended September 30, 2021.…

Amit Shah launches ’Dairy Sahakar’ scheme

The Dairy Sahakar with a total investment of Rs 5000 crore will be implemented by NCDC under Ministry of Cooperation, Government of India Amit Shah, Union Minister of Home Affairs…

Syngenta Group registers 27% third-quarter sales at $6.5 Bn

EBITDA increases 13 per cent to $0.8 billion Leading agriculture innovation company Syngenta Group announced strong sales growth for the third quarter and the first nine months ending on September…

GoI, ADB sign $100 M loan for agribusiness development in Maharashtra

The project will upgrade 16 existing post-harvest facilities and construct three new ones to provide individual farmers and FPOs with clean, accessible, and sustainable crop storage and processing facilities The…

Praj Industries registers PAT of Rs 33.34 crore in Q2FY22

The consolidated income from operations in Q2FY22 stood at Rs 532.41 crore   Praj Industries (Praj) announced its unaudited financial results for the quarter ended September 30, 2021. The consolidated…

Rural Insurtech startup GramCover generates over Rs 100 Cr  premium for FY21

Premium growth is 100 per cent YoY and is expected to continue over the next few years  India’s leading rural insurtech startup ‘GramCover’ has crossed the milestone of Rs 100…

Nutreco invests in dairy-tech startup Stellapps

Led by Nutreco, Stellapps has completed the first close towards its pre-series C round from various investors worth $18 million Nutreco, a global animal nutrition and aquaculture company based in…

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