Excel finishes buoyant year
Indian agrochemical company Excel Crop Care (Mumbai) recorded non-consolidated sales of Rs 5,660.2 million ($139.8 million) in the year ended March 31st 2008, an increase of 26.5% over the previous 12 months. Profit before tax and prior period adjustments was Rs 376.3 million ($9.3 million), an increase of 27.6%. A 22% rise in exports to Rs 1,788.8 million ($44.2 million) contributed to the sales growth. Consolidated sales for the company at Rs 5,805.3 million ($143.3 million) displayed a 25.1% increase.