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Monsanto India Q4 profit up 66% at Rs 53.14 cr

Press Trust of India  |  New Delhi 

India today reported 66 per cent rise in net profit at Rs 53.14 crore for the quarter ending March on higher sales.

Its net profit stood at Rs 31.93 crore in the year-ago period, the company said in a regulatory filing.

Total income also increased to Rs 161.18 crore in the fourth quarter of last fiscal from Rs 147.65 crore in the corresponding period of the previous year.

During the last fiscal, net profit rose to Rs 164.56 crore from 151.44 crore in the 2016-17 financial year.

Total income rose to Rs 689.34 crore in the 2017-18 fiscal from Rs 658.67 crore in the previous year.

India, which sells agri-inputs like seeds, said the board at its meeting held today has recommended a final dividend of Rs 15 per share for the last financial year.

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

First Published: Tue, May 15 2018. 18:30 IST