Monsanto India swings back to profit in Q1

Mumbai-based agrochemicals company Monsanto India Ltd registered a first quarter net profit of Rs58.7 crore against the loss of Rs8.5 crore for the quarter ending on 31 March 2010. During the quarter its total revenues increased to Rs201.8 crore from Rs28.31 crore in the March quarter.

On Wednesday, Monsanto India shares ended 4.1% higher at Rs1,734 on the Bombay Stock Exchange, while the Sensex closed 0.6% up at 17,977 points.

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COMMENTS

Hemant Bhatia

6 years ago

To compare q on q result is a mistake,because its a cyclical ind so your title is wrong.Further if you compare june 09 with june 10 its a flat result.

Orchid Chemicals Q1 net profit up to Rs21.6 crore vs loss of Rs29.8 crore

Chennai-based Orchid Chemicals & Pharmaceuticals Ltd said its first quarter net profit rose to Rs21.6 crore on standalone basis against the loss of Rs29.8 crore recorded in June quarter a year ago. Its total revenues for the June 2010 quarter declined to Rs303.5 crore from Rs305.8 crore, same period a year ago.

On Wednesday, Orchid Chemicals shares gained 0.7% to Rs190 on the Bombay Stock Exchange, while the Sensex closed 0.6% up at 17,977 points.

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SIVARAM CHOUDHURY

6 years ago

DONOT TAKE ANY INVESTMENT DECISIONS BASED ON DECLARED PROFITS. THE REASONS FOR THE PROFITS SHOULD BE SEEN. THE DATA GIVEN ABOVE AS A COMPARISION OF SENSEX COULD BE MISLEADING.

Panacea Biotec Q1 net rises 150% to Rs32.6 crore

Panacea Biotec Ltd said its first quarter net profit rose 150% to Rs32.6 crore compared with Rs13 crore during the June quarter of previous year.

During the period its total revenues increased to Rs253.9 crore, a growth of 43%, from Rs177.2 crore, same quarter a year ago, it said in a regulatory filing.

On Wednesday, Panacea Biotec shares rose 2.8% at Rs198 on the Bombay Stock Exchange, while the Sensex closed 0.6% up at 17,977 points.

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