Kaveri Seed reports 17% revenue growth on non-cotton strength

Kaveri Seed Company Limited reported Q1 FY26 revenue growth of 17% to Rs 945.31 crores, with EBITDA up 14% to Rs 332.85 crores and net profit rising 12% to Rs 316.50 crores.

Non-cotton segments drove growth, with hybrid rice revenues up 32%, maize up 54%, and vegetable seeds up 41%. Cotton sales were impacted by illegal seeds, though new cotton products now contribute 34% versus 12% previously.

The company projects 15-20% growth over the next 3-5 years.