Kaveri Seed Company's Q4 Results
Kaveri Seed hits 52-week high, surges 58% in 13 days on strong Q4 results
The company reported Ebitda of Rs 18.31 crore in Q4FY20, as against loss of Rs 2.79 crore in Q4FY19
 "Kaveri Seed hits 52-week high, surges 58% in 13 days on strong Q4 results")
Kaveri Seed's Q4 loss widens at Rs 87 cr on lower income, rise in costs
BS ReporterHyderabad, 24 MayHyderabad-based Kaveri Seed Company's standalone net loss has widened to Rs 87.19 crore in January-March quarter this year due to lower income and rise in expenses. It has seen a net loss of Rs 10.41 crore in the corresponding quarter previous year. During the quarter under review, the company's total income declined 7.2 per cent at Rs 42.07 crore, while its expenses increased 36 per cent at Rs 74.06 crore when compared to the same quarter last year. The company's consolidated net profit for the financial year 2016-17 has witnessed almost 54 per cent decline at Rs 77.29 crore as compared to Rs 167.47 crore during the previous fiscal. Its consolidated total income and expenses have marginally come down at Rs 740.78 crore and Rs 597.29 crore respectively in 2016-17 over the previous financial year. The company said it has received lesser royalty on sale of Bt cotton seeds at Rs 49 on each packet, and the selling price of Bt cotton seeds also decreased to Rs .
 "Kaveri Seed's Q4 loss widens at Rs 87 cr on lower income, rise in costs")
