Nath Bio-Genes Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
April 22, 2023 at 08:28 am EDT
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Nath Bio-Genes (India) Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 449.88 million compared to INR 272.12 million a year ago. Revenue was INR 449.68 million compared to INR 272.12 million a year ago. Net income was INR 14.37 million compared to net loss of INR 1,163.35 million a year ago. Basic earnings per share from continuing operations was INR 0.76 compared to basic loss per share from continuing operations of INR 61.22 a year ago.
For the full year, sales was INR 3,013.64 million compared to INR 2,783.62 million a year ago. Revenue was INR 3,013.64 million compared to INR 2,783.62 million a year ago. Net income was INR 350.11 million compared to net loss of INR 673.85 million a year ago. Basic earnings per share from continuing operations was INR 18.42 compared to basic loss per share from continuing operations of INR 35.46 a year ago.
Nath Bio-Genes (India) Limited is an India-based formidable seed company, which is focused on developing and supplying BT, hybrid and varietal seeds to farmers. The Company is engaged in the Seed Cultivation segment. The Companyâs products categories include oilseeds and fiber, field crops, vegetables and plant nutrition. Its fiber and oils seeds include cotton and mustard. The Company's vegetable crop range includes chili, okra, tomato, bottle gourd, bitter gourd, cucumber, coriander, pumpkin, tinda and others. Its field corps include corn, jowar, hybrid paddy, research paddy and wheat. Its plant nutrition products include WINPro GOLii, WINall and Win Chin Win. Its forage products include NUTRIMAX and NUTRIMAX GOLD. The Company has seed processing facilities processing plants located in Maharashtra, Telangana and Andhra Pradesh. The Company also has processing arrangements in Gujarat, Karnataka, Tamil Nadu, Madhya Pradesh and Rajasthan on custom basis.
NATH BIO-GENES (INDIA) LIMITED 
