Dhanuka Agritech — one of the leading agri input companies in India — on Friday announced its financial results for the fourth quarter of the financial year ending March 2024.
The company recorded revenues of Rs 1758.54 crore for the period ending March 31, 2024, an increase of 3.4 per cent over PY of Rs 1700.22 crore. Profit after tax was Rs 239.09 core, as compared to PY profit after tax of Rs 233.51 crore.
The company recently launched several products which will revolutionise the agricultural sector of the country. The products, include LaNevo, MYCORe SUPER and Purge.
Commenting on the Q4 performance, MK Dhanuka, Vice-Chairman and Managing Director, Dhanuka Agritech Ltd said, despite the year 2023 recording below-average rainfall (820 mm compared to the usual 868.6 mm) due to El Nino, prevailing volatile and challenging market conditions, the company performed reasonably well. “Our new product offerings have received encouraging responses from the farming community,” he said.
