Monsanto India reports Rs 24 crore net profit during Q2 2018-19

Seed firm Monsanto India Monday reported a net profit of Rs 24.09 crore for the quarter ended September 2018.

Its net loss stood at Rs 6.39 crore in the year-ago period, the company said in a regulatory filing.

Total income rose to Rs 133.49 crore during July-September 2018 from Rs 100.22 crore in the corresponding period of the previous year, a rise of over 33 per cent.

Global chemical and pharma major Bayer have acquired the US-based Monsanto globally for over USD 60 billion.