MONSANTO INDIA LIMITED

Regd.Office: Ahura Centre, 5th Floor, 96, Mahakali Caves Road, Andheri (East), Mumbai - 400 093.

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2004

SR. NO.   PARTICULARS   QUARTER ENDED ON 31.12.2004 (UNAUDITED) QUARTER ENDED ON 31.12.2003 (UNAUDITED) NINE MONTHS ENDED ON 31.12.2004 (UNAUDITED) NINE MONTHS ENDED ON 31.12.2003 (UNAUDITED) YEAR ENDED 31.3.2004 (AUDITED)   1 Sales (Net of Excise Duty) 13260 15338 35734 31342 33330 2 Other Income 281 285 854 753 994   TOTAL INCOME 13541 15623 36588 32095 34324 3 Total Expenditure             a. (Increase)/Decrease in stock in trade 694 1814 5001 4402 (950)   b. Consumption of Materials 4397 5158 10067 9929 13627   c. Staff Cost 426 398 1372 1240 1636   d. Other Expenditure:             - Purchase of Finished Goods 529 (122) 3943 1642 3874   - Others 2254 2361 6097 5429 6941   TOTAL EXPENDITURE 8300 9609 26480 22642 25128 4 Interest 3 3 18 10 20 5 Depreciation 199 217 598 650 843 6 Profit before tax (1+2-3-4-5) 5039 5794 9492 8793 8333 7 Provision for Taxation:             - Current Tax 1094 1420 1535 1575 1472   - Deferred Tax (7) (23) (21) (29) (69) 8 Net Profit after tax (6-7) 3952 4397 7978 7247 6930 9 Paid-up Equity Share Capital of Rs.10/- each 863 863 863 863 863 10 Free Reserves (excluding revaluation reserves)         31934 11 Basic Earning per share (EPS) - Rs. 45.80 50.95 92.45 83.97 80.30 12 Aggregate of Non Promoters           Shareholding:           - Number of Shares 2404152 2404152 2404152 2404152 2404152 -Percentage of Shareholdings 27.85 27.85 27.85 27.85 27.85

Notes :

The Company's performance is affected having regard to the mix of products sold in respective quarters. The Company has one segment of activity namely "Agriculture Inputs". Information on Investor complaints/correspondence for the quarter (Nos.) Opening Balance:21, New: 21 Disposals 42 and Closing Balance: 0 The Statutory Auditors have carried out a limited review of the results for the quarter ended 31st December, 2004. Previous period's/year's figures have been re-grouped wherever necessary to correspond with the current period's/year's figures. The results have been taken on record by the Board of Directors at their meeting held on 25th January, 2005.

Mumbai: 25th January, 2005 For MONSANTO INDIA LIMITED SEKHAR NATARAJAN MANAGING DIRECTOR