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, 2005 Rupees in Lacs

SR. NO. PARTICULARS QUARTER ENDED ON 31.12.2005 (UNAUDITED) QUARTER ENDED ON 31.12.2004 (UNAUDITED) NINE MONTHS ENDED ON 31.12.2005 (UNAUDITED) NINE MONTHS ENDED ON 31.12.2004 (UNAUDITED) YEAR ENDED 31.3.2005 (AUDITED)       1 Sales (Net of Excise Duty) 9391 13260 30896 35734 37853 2 Other Income 332 281 1099 854 1247        TOTAL INCOME 9723 13541 31995 36588 39100 3 Total Expenditure             a)  Materials and Inputs:             -  Decrease in stock in trade 939 694 3330 5001 836   -  Consumption of Materials    3419 4397 9165 10067 14513   -  Purchase of Finished Goods 210 529 2680 3943 4378   b)  Staff Cost 650 426 1635 1372 1815   c) Other Expenditure 1959 2254 6269 6097 7806         TOTAL EXPENDITURE 7177 8300 23079 26480 29348 4 Interest  6 3 18 18 22 5 Depreciation  194 199 582 598 794 6 Profit Before Tax  (1+2-3-4-5) 2346 5039 8316 9492 8936 7 Provision for Taxation:                    -  Current Tax 251 1094 751 1535 1252         -  Deferred Tax Change/(Credit) (14) (7) (29) (21) 5        -   Fringe Benefit Tax 21 0 69 0 0 8 Net Profit after tax (6-7) 2088 3952 7525 7978 7679 9 Paid-up Equity Share Capital of Rs.10/- each 863 863 863 863 863 10 Free Reserves (excluding           37357       revaluation reserves) 11 Basic Earning per share (EPS) – Rs. 24.19 45.80 87.20 92.44 88.96 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 for the quarter (Nos.) Opening Balance:0, New: 32, Disposals 32 and Closing Balance: 0" The Statutory Auditors have carried out a limited review of the results for the quarter ended 31st December, 2005. "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 approved by the Board of Directors at their meeting held on 27th January, 2006.

Mumbai: 27th January, 2006 For MONSANTO INDIA LIMITED FELIPE OSORIO MANAGING DIRECTOR