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Financial Results

MONSANTO INDIA LIMITED
Regd.Office: Ahura Centre, 5th Floor, 96, Mahakali Caves Road, Andheri (East), Mumbai – 400 093.
AUDITED FINANCIAL RESULTS FOR THE YEAR  ENDED MARCH 31, 2008
    (R    U   P    E   E   S       I N        L   A    C   S)
SR. NO. PARTICULARS NINE MONTH
ENDED ON 31.12.2007
(UNAUDITED)
QUARTER
ENDED ON 31.03.2008
(UNAUDITED)
QUARTER ENDED ON 31.03.2007
(UNAUDITED)
YEAR
ENDED 31.03.2008
(AUDITED)
YEAR ENDED 31.03.2007
(AUDITED)
     
1 Sales (Net of Excise Duty) 31341 5013 2122 36354 30910
2 Other Income 1465 605 513 2070 1654
3 Profit on Divestiture  1450 3136 0 4586 1485
        TOTAL INCOME 34256 8754 2635 43010 34049
4 Total Expenditure:          
    -  Decrease/(Increase) in stock in trade 4048 (4498) (3909) (450) 21
    -  Consumption of Materials    7299 6728 3409 14027 12180
    -  Purchase of Finished Goods 1684 (452) 623 1232 1324
  Staff Cost 2565 1056 523 3621 2360
  Other Expenditure 7623 3140 2006 10763 9416
        TOTAL EXPENDITURE 23219 5974 2652 29193 25301
5 Interest  17 18 4 35 24
6 Depreciation  913 357 214 1270 809
7 Profit/(Loss) Before Tax  (1+2+3-4-5-6) 10107 2405 (235) 12512 7915
8 Provision for Taxation:           
        -  Current Tax 1058 1192 (193) 2250 700
        -  Deferred Tax  46 (34) 84 12 10
        -  Fringe Benefit Tax 240 81 44 320 148
        -  Wealth Tax 2 2 2 4 4
  Excess provision in respect of earlier years 0 (91) 0 (91) 0
9 Net Profit after tax (7-8) 8762 1255 (172) 10017 7053
10 Paid-up Equity Share Capital
(face value of Rs.10/- per share)
863 863 863 863 863
11 Free Reserves (excluding  revaluation reserves)
- - - 25748 36634
      revaluation reserves)
12 Basic and diluted Earnings per share (EPS)–Rs. 101.51 14.54 (2.00) 116.05 81.72
13 Aggregate of  Public Shareholding:          
-        Number of Shares 2404152 2404152 2404152 2404152 2404152
-          Percentage of Shareholdings 27.85 27.85 27.85 27.85 27.85
Notes:
1. The Company's performance is affected having regard to the mix of products sold in respective quarters.
2. The Company has one primary business segment  namely "Agriculture Inputs".
3. Information on Investor complaints for the quarter (Nos.) Opening Balance:0,  New: 14, Disposals: 14 and Closing Balance: 0.
4. "Profit on Divestiture" represents profit on sale by the Company of its Sunflower Business in terms of the resolution passed by the shareholders of the Company through Postal Ballot on 30th October, 2007, at a consideration of Rs.1534 Lacs and profit on sales of its Butachlor and Alachlor product lines in terms of the resolution passed by the shareholders of the Company through Postal Ballot on 29th February, 2008, at a consideration of Rs.3331 Lacs.
5. The above results were reviewed by the audit committee and approved by the Board of Directors at their meeting held on 28th May, 2008.
6. The directors have declared an Interim Dividend of Rs.180/- per share at their meeting held on 15th May, 2008.
7. The directors have recommended a Final Dividend of Rs.15/- per share at their meeting held on 28th  May, 2008
8. Previous period's/year's figures have been re-grouped wherever necessary to correspond with the current period's/
year's figures.
For MONSANTO INDIA LIMITED 
AMITABH  JAIPURIA
Mumbai: 28th May, 2008 MANAGING DIRECTOR