Driven by large value maize seed sales, Kaveri Seeds has described a development of 44 per cent in net sales in the 3rd quarter finished December 31, 2019. The net sales of the company went up to ₹122 crore from ₹85 crore in the same quarter former 12 months.
The net revenue greater to ₹8.53 crore (₹2.nine crore).
“We have introduced large value maize seeds in the previous 3 four several years, resulting in a portfolio change in this phase. This has helped us improve sales,” C Mithun Chand, Whole-time Director and Executive Director, explained to BusinessLine.
Revenues ended up