JK Agri Genetics Q1 results: Net profit at Rs. 20 crores

JK Agri Genetics Q1 results: Net profit at Rs. 20 crores

JK Agri Genetics Q1 results: Net profit at Rs. 20 crores

New Delhi: To begin with, JK Agri Genetics posted its Q1 results on Friday. So then, it reported a net profit hike by 31% at Rs. 19.20 crores in the June 2020 quarter. Earlier, the net profit of the company stood at Rs. 14.62 crores in the same quarter previous year.

On the other hand, the total income increased to Rs. 125.19 crores during the quarter. Comparatively, it stood at Rs. 112.37 crores in the year-ago period.

Also, the expenses remained high at Rs. 94.41 crores as against Rs. 92.21 crores in the previous year.

August 7th Stock Market Details:

On August 7th, both the Sensex and the Nifty traded at a bearish trend in the stock market. The Sensex lost 61.87 points and reached 37,968.65 levels with a 0.12% loss. On the other side, the Nifty lost 10.60 points and reached 11,192.75 levels with a 0.066% loss.

In the border market, the S&P BSE Midcap index gained 124.94 points with a 0.89% profit and reached 14,142.02 levels. Also, the S&P BSE Smallcap index gained 122.39 points with a 0.90% profit and reached a 13,685.76 level.

Besides, as of August 8th, the number of confirmed COVID-19 cases across India has reached 20,88,611. Also, the number of deaths in the country has reached 42,518.

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