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Coromandel International posts Rs 4,783 Cr total income in Q1 FY25

Company reported PAT Rs 331 Cr in Q1 FY25 vs Rs 505 Cr in Q1 of previous year. Coromandel International Limited, India’s leading Agri solutions provider is in the business…

CCI approves merger of Mangalore Chemicals & Fertilizers with Paradeep Phosphates

Competition Commission of India (CCI) also approved acquisition of equity shares of Mangalore Chemicals & Fertilizers Limited by Zuari Maroc Phosphates Private Limited. The Competition Commission of India (CCI) has…

UPL reports wider-than-expected loss on lower product prices in Q1 FY25

Seeds business faced headwinds on account of weather challenges that impacted production, created inventory shortages and supply constraints, leading to a revenue drop of 7 per cent.  Agrochemical major, UPL…

Coromandel International elevates S Sankarasubramanian as Managing Director & CEO

Sankarasubramanian brings a wealth of experience and has a proven track record as a Chief Financial Officer and a Business Head. The Board of Directors of Coromandel International Ltd (CIL)…

Dhanuka Agritech’s Q1 net profit up by 48.5% YOY to Rs 48.90 Crore

Company’s EBITDA Q1 grows 64.5 per cent Y-O-Y to Rs. 71.72 Crore Dhanuka Agritech, one of the leading agrochemicals companies in India reported financial results for the first quarter of…

Bayer records modest performance in challenging agricultural market environment in Q2 2024

Company’s Crop Science division posts slight increase in sales and sharp fall in earnings. The Bayer Group generated increased sales and lower earnings in the second quarter of 2024. Each…

Mahyco forms joint venture with US based RiceTec for HT rice and wheat

In the case of HT rice, the technology that the JV will commercialise is called ‘FullPage’ which is a new generation double stack mutant herbicide-tolerant rice technology. Leading Seed company,…

IFFCO obtains 20-year patent for ‘Stable Nano Nitrogen-Phosphorus fertilizer’

The Stable Nano Nitrogen-Phosphorus fertilizer is designed to improve the efficiency of nitrogen and phosphorus use in crops. Leading fertilizer cooperative IFFCO announced that the company has achieved a major…

FSII welcomes govt’s initiative of selling subsidised tomatoes through NCCF vans

The seed industry believes that incentivising investments in advanced seed technologies and research that help enhance productivity and thus overall supply is crucial. Food and Consumer Affairs Minister Pralhad Joshi…

DFPCL reports strong growth and margin expansion in Q1FY25

Company registered Profit After Tax (PAT)of Rs 200 crore which is 76 per cent higher on YoY basis. Deepak Fertilisers and Petrochemicals Corporation Limited, one of India’s leading producers of…

Mahindra records sale of 25587 tractors in domestic market during July 2024

Total tractor sales (Domestic + Exports) during July 2024 were at 27209 units, as against 25175 units for the same period last year.  Mahindra & Mahindra Ltd.’s Farm Equipment Sector…

Setting Sights on Self-sufficiency in Fertiliser Production

 Indian fertiliser industry is struggling with the challenges such as increased rates of raw materials, dependency on imports for Potash, government’s subsidy policies for the fertiliser sector. Efforts are being…

CropLife India urges Govt to discourage off-label use of agrochemicals through implementing crop grouping scheme

  Fruits and leafy vegetables bear the risk of rejection in international trade on account of off-label use of the agrochemical and the absence of country MRLs. CropLife India, an association…

FSII applauds the initiatives for agriculture sector in Union Budget 2024

The review of agricultural research will ensure high productivity and development of climate-resilient varieties, which is a crucial step forward for seed industry.  Ajai Rana, Chairman, Federation of Seed Industry…

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