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Monsanto reports net loss of Rs 26.38 crore in Q2

03 Nov 2015 Evaluate

Monsanto has reported results for second quarter ended September 30, 2015.

The company has reported a net loss of Rs 26.38 crore for the quarter ended September 30, 2015 as compared to a net loss of Rs 4.81 crore for the same quarter in the previous year. The company’s total income has decreased by 60.69% to Rs 39.93 crore for the quarter under review from Rs 101.57 crore for the corresponding quarter of the previous year.

Monsanto Company has many revolutionary products and technological breakthroughs in the agricultural sciences to its credit. The Products of the company includes, Bollgard cotton, Rasi Seeds, hybrid crops such as corn, sunflower and cotton.

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