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Best Agrolife Limited Announces Steady FY24 Growth and Marks New Chapter with NSE Listing

NewsVoir New Delhi [India] May 28 Best Agrolife Limited BSE 539660 NSE BESTAGRO amongst India leading agrochemicals manufacturers announced its audited financial results for the quarter and financial year ended March 31st 2024 in the Board meeting held on 24th May 2024 Commenting on the result and overall update on the financial year 2023-2024 Vimal Kumar Managing Director Best Agrolife Ltd said Despite the many challenges faced during the year for the full year FY24 our revenue grew by 7 on Y-o-Y basis This growth was driven by our shift in business strategy from institutional sales to branded sales This has resulted in the growth of our branded business by 85 However the EBITDA margins reduced to 12 in FY24 mainly because of the stress on the gross margin due to pricing pressures in the market primarily caused by oversupply from China Combination of weather factors our shift towards branded products and an expanding distributor network led to higher trade inventory Additionally emplo ....

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Best Agrolife Ltd Becomes First Indian Agrochemical Company to Indigenously Manufacture 'Warden Extra'

Best Agrolife Ltd Becomes First Indian Agrochemical Company to Indigenously Manufacture 'Warden Extra'
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kashmir chemicals: Best Agrolife acquires 99% stake in Kashmir Chemicals

Agri input manufacturing company Best Agrolife Ltd. (BAL) has made a strategic investment in Kashmir Chemicals and acquired a 99% stake in the company. This move is aimed at expanding its manufacturing capacity in response to the growing market demand for branded agrochemical products and formulations. ....

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Business News | Best Agrolife Acquires 99% Stake in Kashmir Chemicals; Becomes Major Partner

Get latest articles and stories on Business at LatestLY. New Delhi [India], November 30: Best Agrolife Ltd. (BAL), a prominent player and one of the largest agro-input manufacturers in India, has executed a strategic investment in Kashmir Chemicals and acquired 99% stake in the company. This move is aimed at expanding its manufacturing capacity in response to the growing market demand for branded agrochemical products and formulations. On October 20, 2023, a Reconstitution Deed of Partnership was formalized, retroactively effective from September 16, 2023, and duly registered with the Competent Authority in Samba. Business News | Best Agrolife Acquires 99% Stake in Kashmir Chemicals; Becomes Major Partner. ....

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