Excel Crop Care up 33% in Q3
Indian agrochemical company Excel Crop Care's (Mumbai) revenues increased by almost a third (+32.8%) to Rs 2,029.7 million ($32.9 million at the current rate) in its third quarter ended December 31st 2013. Net profit shot up by over 30 times to Rs 137.3 million ($2.2 million). Nine-month sales were up by 27.6% to Rs 7,262.6 million (Rs 117.6 million). Net profit for the period almost trebled (+198.2%) to Rs 566 million ($9.2 million).