Net profit stood at Rs 2.29 crore in the year-ago period, the company said in a BSE filing.
Net income rose to Rs 186.56 crore in the April-June period of the 2017-18 fiscal from Rs 182.84 crore in the year-ago period.
"GST transition is one of the constraints that have dampened the sales in first quarter," the company said.
Nagarjuna Agrichem, however, said the exports are showing positive signs and domestic market is also expected to do well this year due to good monsoon.
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