Dhanuka Agritech Q3 profit rises 2.5% to Rs 22.55 cr

Agrochemical firm Dhanuka Agritech today reported 2.5 per cent increase in net profit at Rs 22.55 crore for the third quarter ended December 31.

The company had clocked a net profit of Rs 22 crore in the same quarter last year.

Income from operations in the October-December quarter of the current financial year rose to Rs 206 crore from Rs 179.11 crore in the year-ago period, the company said in a regulatory filing.

"Despite adverse agro-climatic conditions, we have achieved superior sales growth. All our products have done well. South and West zones are our key markets and have done well," said Dhanuka Agritech Managing Director M K Dhanuka.

Shares of the company today closed 4.49 per cent up at Rs 532.90 apiece on BSE.