High value maize seeds drive Kaveri Seeds net sales by 44%

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

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Top cotton trader to stop sales to China over coronavirus fears

Kotak Commodity Products and services Pvt., a person of India’s prime cotton exporters, will stop advertising new cargoes to China on issue the distribute of coronavirus might force the prime customer of the fibre to close ports and financial institutions.

The Mumbai-based mostly business will look for new potential buyers of cotton in countries this sort of as Bangladesh, Indonesia, Taiwan and Vietnam to make up for any feasible shortfall in sales to China, Vinay Kotak, director of the business, said in an job interview by mobile phone on Tuesday.

“Let’s not worry nowadays, but if the virus retains spreading

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Maruti Q3 preview: Analysts see healthy nos due to recovery in sales volume

India’s most significant car or truck maker Maruti Suzuki is expected to report wholesome numbers when it announces its December quarter final results (Q3FY20) later on in the working day, courtesy restoration in income quantity and benign raw product costs. In accordance to the regular monthly income facts, Maruti’s full dispatches in Q3FY20 arrived in at four.four lakh models, up 2 per cent on a yr-on-yr (YoY) basis. Typical sale cost (ASP) for the quarter are expected to increase on account of the huge acceptance of BS-VI variants.

For that reason, analysts see double-digit development in the firm’s prime-line as

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