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 JUNE 30, 2006 (Rupees in Lacs)

SR. NO. PARTICULARS QUARTER ENDED ON 30.06.2006 (UNAUDITED) QUARTER ENDED ON 30.06.2005 (UNAUDITED) YEAR ENDED 31.3.2006 (AUDITED) 1 Sales (Net of Excise Duty) 15988 15069 33160 2 Other Income 416 365 1460        TOTAL INCOME 16404 15434 34620 3 Total Expenditure:           a.  Materials and inputs:               -  (Increase)/Decrease in stock in trade (628) 163 (735)        -  Consumption of Materials   6827 5466 13409        -  Purchase of Finished Goods 570 2563 3160   b.  Staff Cost 595 486 2244   c.  Other Expenditure 3358 2712 8162         TOTAL EXPENDITURE 10722 11390 26240 4 Interest 7 6 22 5 Depreciation 199 197 782 6 Profit Before Tax  (1+2-3-4-5) 5476 3841 7576 7 Provision for Taxation:               -  Current Tax 260 485 400         -  Deferred Tax Credit (27) (3) (39)         -  Fringe Benefit Tax 26 24 115         -  Wealth Tax 2 - 5         Excess provision of earlier years - - (182) 8 Net Profit After Tax (6-7) 5215 3335 7277 9 Paid-up Equity Share Capital of Rs.10/- each 863 863 863 10 Free Reserves (excluding revaluation reserves)       31839 11 Basic Earning Per Share (EPS) – Rs. 60.43 38.64 84.32 12 Aggregate of Public Shareholding:             -  Number of Shares 2404152 2404152 2404152       -  Percentage of Shareholdings 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 primary business segment namely "Agriculture Inputs". Information on investor complaints for the quarter (Nos.): Opening Balance - 0, New - 18, Disposals - 18 and Closing Balance - 0. The Statutory Auditors have carried out a limited review of the results for the quarter ended June 30, 2006. Previous period's/ year's figures have been re-grouped wherever necessary to correspond with the current period's figures. The results have been taken on record by the Board of Directors at its meeting held on July 27, 2006.

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