Monsanto - imagine
Home Site Map Contact Us
Monsanto India Ltd. Products News & Media Careers Research Centre Press Releases Links Comments
Financial Results
Annual Report
Stock Exchange Information
Forms
Other Information


Investors

Financial Results

MONSANTO INDIA LIMITED
UNAUDITED FINANCIAL  RESULTS  FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2008
(Rupees in Lacs)
                 
SR.NO. PARTICULARS Three Months   ended on 30.06.2008  (UNAUDITED) Corresponding three months ended in the previous year on 30.06.2007  (UNAUDITED) Three Months ended on 30.09.2008  (Unaudited ) Corresponding three months ended in the previous year on 30.09.2007 (Unaudited) Year  to date figures for the period ended  30.09.2008 (Unaudited) Year  to date figures for the period ended  30.09.2007 (Unaudited) Previous  accounting   year ended  31.03.2008 (Audited)
                 
1 (a) Sales (Net of Excise Duty) ( Including product sales of Rs.214 lacs and Rs. 5,297 lacs for the quarter and year to date respectively  of Alachlor & Butachlor Business operated for a third party. See Note 4 below)   23,984  17,830                           7,880                            7,213                   31,864                    25,043 36,523
  (b) Other Operating Income          11       108                                  6                                 42                           17                          150 179
  TOTAL INCOME ##### ##### 7,886 7,255 31,881 25,193 36,702
2 Total Expenditure              
  (a) (Increase)/Decrease  in stock in trade     3,454    1,624                              (22)                            1,660                     3,432                       3,284                    (450)
  (b)Consumption of Materials    5,561    4,882                           1,891                            1,364                     7,452                       6,246 13,914
  (c)Purchase of Finished Goods    1,415    1,291                              236                                 63                     1,651                       1,354 1,232
  (d) Staff Cost        969       661                           1,224                                774                     2,193                       1,435 3,621
  (e) Depreciation & Amortisation        323       303                              335                               303                        658                          606 1,270
  (f) Other Expenditure     4,633    3,491                           2,179                            1,980                     6,812                       5,471 10,763
  TOTAL EXPENDITURE ##### #####                         5,843                           6,144                 22,198                   18,396 30,350
3 Profit from  Operations before  Other Income, Interest & Exceptional Items ( 1-2)   7,640   5,686                         2,043                            1,111                    9,683                      6,797 6,352
4 Other Income        292       440                              251                               318                        542                          758 1,609
5 Profit before Interest and  Exceptional Items ( 3+4)    7,932    6,126                         2,294                           1,429                 10,225                      7,555 7,961
6 Interest Expense            5            6                                  6                                    5                           12                             11 35
7 Profit after Interest but before  Exceptional Items
( 5-6)
   7,927    6,120                         2,288                           1,424                  10,213                      7,544 7,926
8 Exceptional Items          -            -            
  -Profit on Divestiture                                      -                                    -                             -                               -                     4,586
9 Profit from ordinary  activities but before Tax ( 7-8)    7,927    6,120                         2,288                           1,424                  10,213                      7,544 12,512
10 Tax expense:               
   - Current Tax       675       245                              685                               215                     1,360                          460 2,250
   - Deferred Tax        (31)         52                              (37)                                (37)                        (68)                             15 12
   -Fringe benefit Tax         59         42                                69                                 64                        128                          106 320
   -Wealth  Tax            2            2                                 -                                    -                               2                               2 4
   -Excess provision in respect of earlier years          -            -                                   -                                    -                             -                               -                        (91)
11 Net  Profit from Ordinary  Activities  after tax( 9-10) 7,222 5,779 1,571 1,182 8,791 6,961 10,017
12 Extarordinary Items( net of tax expenses Rs. NIL)                                     -                                    -                             -                               -                           -  
13 Net  Profit for the period (11-12)     1,571 1,182 8,791 6,961 10,017
14 Paid-up Equity Share Capital (Face Value Rs. 10/- per share)       863       863                              863                               863                        863                          863 863
15 Free reserves (excluding revaluation reserves)                             25,748
16 Basic and diluted Earnings Per Share (EPS) - Rs    83.67    66.96                           18.20                            13.68                   101.85                       80.65                 116.05
17 Aggregate of Public Shareholding :              
   - Number of Shares ##### #####                   2,404,152                    2,404,152             2,404,152               2,404,152 2,404,152
   - Percentage of shareholdings    27.85    27.85                           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 -42, Disposals -42  and Closing Balance - 0  
4 Pursuant to an ongoing agreement to operate, in the transition period, the Alachlor and Butachlor business activities for the buyer of the business,   
  the above financial results include an amount of Rs.214 lacs and 5,297 Lacs for the quarter and  year to date respectively  in Sales as well as in expenditure. 
5 The  financial results for the half year ended 30th September , 2008 have been approved  by the Board of Directors at its meeting held  
  on 24th October , 2008 and have been subjected to a Limited Review by the Statutory Auditors of the Company.  
6 The  directors  have declared an interim dividend of Rs.12/- per share at it's meeting held on 24th October, 2008.  
7 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:24th October  ' 2008         MANAGING  DIRECTOR