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Finance

Hester Biosciences posts Q4FY21 net profit at Rs 8.86 Cr

Net sales for the Q4FY21 was reported at Rs 63.16 crore Leading animal healthcare company, Hester Biosciences reported a standalone net profit of Rs 8.86 crore for the quarter ended…

Agritech start up Fyllo secures Rs 3 Cr in funding round  

 Funds will be used for expansion to new markets and research and development to support more crops.       Bangalore based agri-tech start up Fyllo, has raised Rs 3…

Sonalika records 8876 tractors sales in May 2021

Sonalika has sold overall 8876 tractors in May’21 with 14.1% overall market share In the month of May 2021, India’s fastest growing tractor brand Sonalika Tractors remained committed towards the…

Egreens sets up Rs 150 million agritech early stage fund

Investments to strengthen value-chain of own food retail brand, VegEase Egreens announced a Rs 150 million fund for early-stage, agri-tech startups in India. Egreens will focus on startups that use…

Kaveri Seeds posts Rs 551 Mn revenue in Q4FY21

The company’s operating loss increase to Rs 124 million in 4QFY21 Agriculture company Kaveri seeds has posted its results for FY21. The revenue increased 11 per cent in FY21 on…

Omnivore appoints Dr Harsh Kumar Bhanwala as Senior Advisor  

Dr Harsh Kumar Bhanwala, former chairman of NABARD, will mentor Omnivore’s portfolio companies and will advise on new investments       Omnivore, India’s leading agritech venture capital firm, is…

BL Agro plans to invest Rs 150 Cr on marketing in FY 2021-22  

One of the fastest growing edible oils and food products company, BL Agro aims at multi-fold increase of its Rs. 2500 crores turnover.     BL Agro Industries Limited, Rs 2500…

Invaio Sciences raises $88.9 Mn to accelerate biological agriculture  

Company to accelerate the expansion of its integrated technology platforms that will solve performance and delivery challenges facing the agriculture industry.  Invaio Sciences, Inc., a Flagship Pioneering company focused on…

Bayer Crop Science posts Rs 61.9 Cr profit in Q4 FY 21

For the full financial year 2020-21, Bayer Crop Science witnessed a 3.91 per cent growth in profit to Rs 493.1 crore as against Rs 474.5 crore in 2019-20.      …

Dhanuka Agritech posts 24.71 % rise in Q4 FY21 net profit   

Net income rose on a consolidated basis by 20.34 per cent to Rs 284.30 crore in the fourth quarter of 2020-21 fiscal from Rs 236.24 crore in the same quarter…

Anupam Rasayan secures orders worth Rs 540 Cr to supply of specialty chemicals  

Company has signed contracts amounting to Rs 540 crore from two renowned multinational companies dealing in the fields of life sciences chemicals   Anupam Rasayan recently announced that the company…

Terviva raises $54 Mn to commercialize culinary oil and plant protein

Terviva expects to close an additional $24M in equity and debt capital this quarter, for a total of $78M in capital to drive its expansion. Terviva, a food and agriculture…

Sonalika extends financial support for employees amid COVID-19

A sum up to Rs 25,000/- shall be paid by Sonalika to cover the medical expenses incurred by dealership employee due to the Covid-19 infection. In order to keep employees…

Praj Industries post Rs 296.29 Cr revenue in Q4 FY21  

Consolidated income from operations stood at Rs. 567.1 crore (Q4 FY20: Rs. 296.29 crore; Q3 FY21: Rs. 347.78 crore)          Pune based Praj Industries (Praj), a globally…

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