From The Desk Of CEO

Finally, we have closed Quarter-2 business for FY 2025-26. Kharif business is over with a marginal growth over last year. Hybrid Paddy and OPV Paddy sales have been nosedived sharply because of less traction of paddy seeds purchase as farmers opted for mostly FSS. Our sales return percentage was high this year and was highly over budgeted sales return.

Kharif maize sales was also very disheartening. Overall Kharif sales was not enthusiastic.

Farmers opted for their own farm saved seeds for paddy crops. Hy Paddy seed sales was very poor as against last year as farmers felt that the price of Hy Paddy was too high as compared to last year. Actually, due to sharp hike of production cost in hybrid paddy, companies were forced to increase prices of hybrid paddy against last year.

We maintained sales value over last year although there was dent in sales volume.

Kharif vegetables sales was also so so. We cannot mention any particular vegetable crop which has grown over last year.

Overall this Kharif 2025 was a very bad year for most of the seed companies.

We are now focusing on Rabi crops especially on Maize, Wheat and Mustard. Barring Maize, sales sentiment of other crops are not very energetic and encouraging.

I convey my Vijaya and Deepavali greetings to all employees and stakeholders. I pray to the Almighty for a very successful season ahead for all stakeholders.

Warm Regards