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MOL — Meghmani Organics News Story

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India's Meghmani Organics rises on Q4 earnings surge

** Meghmani Organics MEGI.NS rises 5.58% to 74.8 rupees

** Agro chemicals manufacturer's Q4 revenue from operations rises 26% y/y

** Gross profit jumps 31% y/y; core profit margins expand to 12.9% vs year-ago 2.5%

** In crop protection segment, which constitutes 72% of rev, sales grows 34% y/y; core profit more than quadruples y/y

** MEGI trims 12-month decline to ~11%

** Broader market up 2.96% on the day as India-Pakistan truce fuels relief rally .BO

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))

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