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Nath Bio-Genes (India) Ltd Q1FY24; 6% rise in Profits

Nath Bio-Genes (India) Ltd is engaged in production and marketing of hybrid seeds of crops like cotton, wheat, jowar, bajra and vegetables amongst others. It has an experience of 30 years in manufacturing and distributing of seeds in the domestic market.

Financial Results:

Nath Bio-Genes (India) Ltd reported Revenues for Q1FY24 of ₹235.00 Crores up from ₹209.00 Crore year on year, a rise of 12.44%.

Total Expenses for Q1FY24 of ₹202.00 Crores up from ₹179.00 Crores year on year, a rise of 12.85%.

Consolidated Net Profit of ₹33.00 Crores up 6.45% from ₹31.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹17.58, up 8.59% from ₹16.19 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Hybrid Seeds
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