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Downfall in Net Profit at Continental Seeds and Chemicals


Continental Seeds and Chemicals announced the audited standalone financial results for the period that ended on March 31, 2019.

Company : Continental Seeds and Chemicals Limited

Continental Seeds and Chemicals Limited announced the audited standalone financial results for the period that ended on March 31, 2019.


Continental Seeds and Chemicals Limited published the standalone financial result of the company for the year that ended on 31st March, 2019. The revenue of the company stood by Rs.8223.02 Lac on the year that ended on 31st March, 2019.


Continental Seeds and Chemicals Limited earned revenue of Rs.4175.98 Lac by the half year that ended on 30th September, 2018 and Rs.4047.04 Lac by the six months that ended on 31st March, 2019.


The revenue of the company was Rs.8223.02 Lac by the end of 31.3.2019 and Rs.8171.46 Lac by the end of 31.3.2018. The company achieved Rs.51.56 Lac more revenue by the end of 31st March 2018 compared to the end of 2019 financial year.


Continental Seeds and Chemicals Limited has reportedly made a before tax profit of Rs.56.46 Lac by 30th September, 2018 and Rs.29.27 Lac by the end of 31st March, 2019 quarter. The company made a before tax profit of Rs.85.73 Lac by 31st March, 2019 and profit of Rs.106.17 Lac was made by 31st March, 2018. The before tax profit saw a decrease of Rs.20.44 Lac by the end of 2019 comparing with the financial year of 2018.


The company made a net profit of Rs.36.20 Lac by the end of 30th September, 2019 and Rs.10.30 Lac by the half year that ended on 31.3.2019. The net profit of the company stood at Rs.46.50 Lac on 31.3.2019 compared to profit of Rs.72.13 Lac by the end of 31st March, 2018. Net profit of the company fell by Rs.25.63 Lac in financial year of 2019.


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