Kaveri Seed Company Ltd Share Price – NSE  /  BSE

Miscellaneous, Small Cap

Over 0.28 lakh shares of the company had changed hands at the counter as compared with the two-week average trading volume of 0.11 lakh shares.

Nirmala Sitharaman said: The Government to undertake comprehensive review of agricultural research and focus on developing climate resilient varieties in agriculture. New 109 high yielding, climate resilient varieties to be released to farmers. 1 crore farmers to be initiated into natural farming over 2 years. 10,000 need based bio-input centres to be established.

Finance Minister Nirmala Sitharaman is presenting the first Union Budget of the Modi 3.0 government and her 7th consecutive one during the Monsoon Session of Parliament.

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Net Loss of Kaveri Seed Company reported to Rs 0.27 crore in the quarter ended March 2024 as against net loss of Rs 15.49 crore during the previous quarter ended March 2023. Sales rose 33.48% to Rs 98.35 crore in the quarter ended March 2024 as against Rs 73.68 crore during the previous quarter ended March 2023.

For the full year,net profit rose 9.94% to Rs 298.74 crore in the year ended March 2024 as against Rs 271.73 crore during the previous year ended March 2023. Sales rose 7.29% to Rs 1148.41 crore in the year ended March 2024 as against Rs 1070.36 crore during the previous year ended March 2023.

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Kaveri Seed Company will hold a meeting of the Board of Directors of the Company on 22 May 2024.

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Kaveri Seed Company has incorporated a wholly owned subsidiary namely, Kaveri Seed Company Bangladesh on 20 February 2024. This subsidiary will be engaged in export of seeds and other related activities.

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