Net profit of National Seeds Corp surges 51% to ₹110 crore
National Seeds Corporation (NSC), a public sector undertaking under the Ministry of Agriculture, may announce a record dividend of about ₹39 crore for the financial year 2024-25, if it keeps same level of 5 per cent of its net worth as was done in 2023-24, when the dividend was ₹35 crore.
NSC, a ‘B’-Mini Ratna Category-I company, has reported a total revenue (from all operations) of ₹1,367.43 crore (including ₹1,340.98 crore from sales of seeds) in FY25, up by 15.6 per cent from ₹1,182.48 crore in the previous year. The company’s net profit surged 50.6 per cent to ₹110 crore from ₹73.64 crore, the agriculture ministry said.
The net worth of the company has increased to Rs 774.11 crore in FY25 from ₹706.08 crore in FY24.
Asked about the higher profit despite a modest 16 per cent rise in turnover, Maninder Kaur Dwivedi, Chairperson cum Managing Director of NSC, said that the operational efficiencies have been increased leading to lower expenditure. She said that there were many varieties of seeds accumulated from past years, as early as from 2016, which were of no use as those could not be germinated.
NSC decided not to keep older seeds of many crops since there would be risk to germination as a result it did not add to the asset value and the company also got revenue by selling those seeds, raw as well as after processing to food items.
For instance, unsold Basmati seeds were processed as Basmati rice and sold through retail packs online. Similarly, unsold mustard seeds were also converted to edible oils and sold in retail packs.
After Agriculture Minister Shivraj Singh Chouhan earlier this week asked NSC to increase its footprint to cover all districts, the company is now preparing to expand its dealer network in the unrepresented districts. Currently, it is present in 550 districts, mostly through dealer network and also have appointed over 2,000 farmer producer organisations (FPOs) as its seed dealers.
Published on October 29, 2025
