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Monsanto India Q1 net profit up 21 pc at Rs 66 cr

Press Trust of India  |  New Delhi 

India today reported a 21.18 per cent jump in its net profit at Rs 66.02 crore during the first quarter of the 2018-19 fiscal on higher sales.

Its net profit stood at Rs 54.48 crore in the same quarter of the last financial year, the company said in its regulatory filing.

Net income rose to Rs 264.41 crore during April-June quarter of the current fiscal from Rs 240.29 crore in the year-ago period.

Expenses remained high at Rs 192.53 crore as against Rs 180.75 crore in the said period.

India sells agri-inputs like seeds in the country.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, August 06 2018. 17:30 IST