Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Excel Crop Care down 19% in Q3

Indian agrochemical company Excel Crop Care's (Mumbai) revenues dropped by 18.9% to Rs 1,653 million ($26.9 million at the current rate) in its third quarter ended December 31st 2014. Net profit went down by 92.9% to Rs 9.8 million ($200,000). Buoyed by the 18.5% growth during the first half, nine-month sales were up by 8% to Rs 7,851.6 million ($127.6 million). Net profit for the nine months rose by 10.9% to Rs 627.6 million. The company notes that production and the domestic sale of the insecticide/acaricide, endosulfan, remains suspended following an Indian Supreme Court ban in 2011. Out of the provision of Rs 69.1 million ($1.1 million) for endosulfan-related inventory items carried forward at the end of the fiscal year ended March 31st 2014, an amount of Rs 45 million ($700,000) was written back during the first two quarters and the balance of Rs 24.1 million ($400,000) is being carried forward.



What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts