Agro-chemical firm Best Agrolife Ltd has posted a 98 per cent growth in its consolidated net profit to `30.61 crore for the third quarter ended December 2022. Its net profit stood at `15.47 crore in the year-ago period, according to a regulatory filing.
The company’s revenue from operations rose 41 per cent to `327.8 crore in the October-December period of this fiscal against `232.5 crore in the corresponding period of the previous year.
Vimal Alawadhi, Managing Director of Best Agrolife, said, “...despite being a lean season, we successfully managed to remain consistent with its performance in the third quarter of this financial year”.