Kaveri Seeds reported an increase of 19.74% in net profit for FY21 at Rs. 311.20 crore. Operational EBITDA margin in FY21 at 28.76% up by 104 basis points compared to FY20. Net sales were higher by 11.39% for the year under review, while the total cash on books of Rs. 533 crore as on 31 March, 2021, reported the company through a news release.
The Board of Directors of Kaveri Seed Company NSE -0.45 % Limited approved the financial results for the quarter and year ended 31st March 2021 at its meeting held in Secunderabad on Saturday, 29th May 2021.