Shares of agrochemicals company Excel Crop Care hit a new high of Rs 4,462, up 7% on Monday, extending Friday’s 7% rally, after the company reported a strong 61% year on year (yoy) growth in standalone net profit at Rs 385 million for the first quarter of the financial year 2018-19 (Q1FY19). The company had a profit of Rs 239 million in the same quarter of the financial year 2017-18 (Q1FY18).
Operational revenue during the quarter under review jumped 34.7% yoy at Rs 3,997 million against Rs 2,968 million in the corresponding quarter of previous fiscal. EBITDA (earnings before ...
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