Excel Crop Care up 24% in fourth quarter
Indian agrochemical company Excel Crop Care's (Mumbai) revenues increased by 24% to Rs 2,485 million ($38.4 million at the current rate) in its fourth quarter ended March 31st 2017. Net profit, however, fell by 20.7% to Rs 60.4 million ($900,000). Combined with the 5.2% rise during the first three quarters, full-year revenues moved up 10.4% to Rs 10,621.3 million ($164 million). Net profit for the period was 18.7% higher at Rs 707.2 million ($10.9 million).