Monsanto India Limited (MIL) today announced its un-audited financial results for the second quarter ended September 30, 2007. Net Sales at Rs. 70.62 crores grew 6% over the corresponding period last year (Rs. 66.63 crores). Profit After Tax (PAT) however increased to Rs. 11.83 crores as against Rs. 5.81 crores for the corresponding period last year.

The Board of Directors declared an interim dividend of Rs. 12/- per share at their meeting held on 29th October, 2007.

Sharing perspective on the results for the second quarter, Mr. Sekhar Natarajan, Chairman, MIL said, "The continued top line growth is testimony to our relentless focus on understanding and meeting the needs of our farmers. Our Dekalb® high yielding maize hybrid seeds and Roundup® herbicide, continue to remain market leaders because of their superior quality and great value they provide to our farmer customers."

In the six-month period ended September 30, 2007, MIL recorded Sales of Rs. 248.92 crores, a growth of 13% over Sales of Rs. 219.68 crores in the corresponding period last year.

For further details, please contact:
Christopher Samuel
Senior Manager - Public Affairs
+91 22 2824 7257 / 99675 82255
christopher.samuel@monsanto.com