excel crop care ltd (EXCC) Snapshot

Excel Crop Care Ltd. announced audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter on standalone basis, the company reported total income from operations of INR 1,842.437 million against INR 1,806.086 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 50.458 million against loss from operations before other income, finance costs and exceptional items of INR 8.549 million a year ago. Profit from ordinary activities before tax was INR 42.155 million against INR 1.376 million a year ago. Net profit after taxes minority interest and share of profits of associates was INR 24.390 million against net loss after taxes minority interest and share of profits of associates of INR 0.802 million a year ago. Earnings per basic and diluted share were INR 2.22 against loss per basic and diluted share of INR 0.07 a year ago. On standalone basis for the full year on standalone basis, the company reported total income from operations of INR 7,649.069 million against INR 6,771.636 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 369.192 million against INR 351.575 million a year ago. Profit from ordinary activities before tax was INR 302.384 million against INR 218.355 million a year ago. Net profit after taxes minority interest and share of profits of associates was INR 214.239 million against INR 156.125 million a year ago. Earnings per basic and diluted share were INR 19.47 against INR 14.19 a year ago. On consolidated basis for the full year, the company reported total income from operations of INR 7,791.044 million against INR 6,949.745 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 370.325 million against INR 361.134 million a year ago. Profit from ordinary activities before tax was INR 302.336 million against INR 228.726 million a year ago. Net profit after taxes minority interest and share of profits of associates was INR 212.193 million against INR 165.165 million a year ago. Earnings per basic and diluted share were INR 19.34 against INR 13.38 a year ago.

Excel Crop Care Ltd. has announced that the Board of Directors of the company at its meeting held on May 29, 2013, inter alia, have recommended a dividend of INR 3 per equity share of INR 5 each against INR 2.00 per share a year ago.

Excel Crop Care Ltd. has announced that Mr. K. Srinivasan has been appointed as Chief Financial Officer (CFO) of the Company in place of Mr. Pravin D. Desai with immediate effect.