Monsanto India Q1 net profit up 15 pc to Rs 76 cr
Seed firm Monsanto India on Wednesday posted a 15.11 per cent jump in net profit at Rs 76 crore for the first quarter of 2019-20 on higher sales.
Net profit stood at Rs 66.02 crore in the corresponding quarter of the previous financial year, the company said in a BSE filing.
The company's total income rose to Rs 298.34 crore during the April-June period of the current fiscal, compared to Rs 264.41 crore in the year-ago quarter.
Global chemical and pharma major Bayer has acquired the US-based Monsanto for USD 63 billion.
Shares of Monsanto India fell 1.64 per cent to settle at Rs 2,026.05 on the BSE on Wednesday.
Disclaimer: No Business Standard Journalist was involved in creation of this content