Secunderabad, India
November 9, 2012

• Q2 - FY 2012-13 - Total Income up by 31.15% to Rs.6367.44 Lakhs
• Profit After Tax up by 27.93% to Rs.661.05 Lakhs
• Half Year Ended FY 2012-13 – Total Income up by 87.71% to Rs.54317.87 Lakhs
• Profit After Tax up by 105.49% to Rs.10772.72 Lakhs

The Board of Directors of Kaveri Seed Company Limited (KSCL) today approved the Un-audited Financial Results of the Company for the Second Quarter & Half Year ended 30th September 2012.

Quarter Ended 30.09.2012
The Gross Revenue and Other Income of KSCL for the second quarter ended 30th September 2012 is Rs.6367.44 lakhs as against Rs.4854.99 lakhs during the corresponding period for the last year – a growth of 31.15%. The Net Profit before tax for the current quarter is Rs.791.05 lakhs as against Rs.566.72 lakhs in Q2 last year - a growth of 39.58%. Profit After Tax (PAT) for the Current Quarter is Rs.661.05 lakhs as against Rs.516.72 lakhs – a growth of 27.93%.

Half Year Ended 30.09.2012
The Gross Revenue and Other Income of KSCL for the Half Year ended 30th September 2012 is Rs.54317.87 lakhs as against Rs.28937.03 lakhs during the corresponding period for the last year – a growth of 87.71%. The Net Profit before tax for the half year ended is Rs.11052.72 lakhs as against Rs.5921.72 lakhs in the last year - a growth of 86.65%. Profit After Tax (PAT) for the Half Year is Rs.10772.72 lakhs as against Rs.5242.53 lakhs – a growth of 105.49 %.

Kaveri Seed Company Limited (www.kaveriseeds.in) headquartered at Secunderabad, India, is one of India’s premier quality seed-producing companies. High yielding hybrid crops such as cotton, corn, paddy, bajra and sunflower are the major crops for which the company enjoys a strong leadership position in the seed production and marketing. The Company’s R&D activities are recognized by the Department of Scientific and Industrial Research (DSIR), Govt., of India. The main thrust of R&D is to blend traditional breeding with frontier technologies like Biotechnology to be on the forefront of developing new generation hybrids that excel in the home and markets abroad. The Company has built seven state-of-the-art processing facilities, spread over in the states of Karnataka and Andhra Pradesh. A nationwide marketing and distribution network manned by technically competent and commercially skilled marketing team is an important asset of the company.

Website: http://www.kaveriseeds.in

Published: November 9, 2012