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

UsernamePublicRestriction
UsernamePublicRestriction

Meghmani up 10% in third quarter

Indian company Meghmani Organics (Ahmedabad) recorded a 10% increase in agrochemical revenues to Rs 1,014.5 million ($16.5 million at the current rate) in its third quarter ended December 31st 2014. Domestic sales accounted for just over a quarter (27.6%) of total sales and provided the main boost, rising 18.9% to Rs 280.5 million ($4.6 million). Exports were up 6.9% to Rs 734 million ($11.9 million). Gross profit rose by 23.8% to Rs 179.2 million ($2.9 million). Increased sales prices of the insecticides, chlorpyrifos and zeta-cypermethrin, and the intermediate, cypermethric acid chloride (CMAC), led to the gross profit margin going up by two percentage points to 17.7%.

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG021871

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

Cancel