Dhanuka Group chairman Conferred ‘Honorary Doctorate’ by Amity University

In recognition of his exceptional service to the Indian farming community, Ram Gopal Agarwal, Chairman of Dhanuka Group, has been bestowed upon the prestigious Honorary Doctorate (Honoris Causa) by Amity University. This accolade underscores Agarwal’s pivotal role in shaping a brighter future for Indian agriculture, characterised by increased productivity, profitability, and social standing for farmers.

The Executive Council of Amity University had recommended conferring Doctor of Philosophy (D.Phil.) (Honoris Causa) to the Dhanuka Group chairman considering his deep commitment, strong conviction, philanthropic engagement, and high degree of professionalism in his continuous quest for making India’s agriculture vibrant as well as for making farming a dignified profession with increased livelihood and heightened social status.

Amidst a glittering ceremony at Amity University, Agarwal received the university’s highest honor — the Honorary Doctorate of Philosophy (Honoris Causa). Recognising his outstanding contributions to Indian agriculture, Dr. Balwinder Shukla, the Vice Chancellor, presented the degree to Agarwal in front of an august gathering of over 2,000 people, including distinguished professionals, esteemed academicians, enthusiastic students, proud parents, and alumni of the university. Founder President Dr. Ashok Chauhan and the Chancellor Dr. Atul Chauhan were present on the occasion.

Agarwal has dedicated 55 years of his profession to the cause of National prosperity through a vibrant agriculture sector. A renowned philanthropist, his legacy of altruism touches countless lives across domains. His benevolence extends across various domains, exemplified by the establishment of three schools in Rajasthan, Ashrams for spiritual well-being in Vrindavan, a Charitable dispensary at Govardhan, and a waiting hall at AIIMS among others.

Honoured by the recognition, Agarwal expressed his heartfelt gratitude to the Chancellor, Vice Chancellor, and the entire executive committee of Amity University. In his speech, he highlighted the critical roles played by teachers and parents in shaping the destinies of students. Agarwal also emphasized the need to bridge the gap between theory and practice, urging us to extend the lessons learned beyond the four walls of academia and into dynamic real life.

Agarwal has also been a recipient of several coveted awards and recognition including the National Safety Award (thrice); Lifetime Achievement Award by CHAI, FICCI, and many more.

Dhanuka Agritech Q2 net profit rises 39.4% YOY to ₹101.77cr

Dhanuka Agritech — one of the leading agri input companies in India – today announced financial results for the second quarter of FY 2023-24.

Gurugram-headquartered company clocked ₹101.77 crore profit during the July-September quarter of FY’24, up 39.4% from the same quarter of the previous fiscal year.

Management’s take on Q2FY23 Performance

Commenting on the Q2 performance, M K Dhanuka, Managing Director, Dhanuka Agritech, said: The company did reasonably well during challenging times amid erratic rainfall, falling prices, and subdued exports demand. The uneven rainfall in the country also impacted our revenue and bottom line. We are cautiously optimistic about the demand in the remaining part of the fiscal year amid El Nino conditions and global inventory in the agrochemicals.

Demand for agrochemicals is expected to improve in the third quarter of the fiscal onwards. In the backdrop of higher MSPs for the Rabi crop announced by the government, and increased water levels in the reservoirs, the demand for agrochemical in the domestic market is expected to improve.

Like in the past, the company continued to introduce new products in the market. During the July-September quarter of the current financial year, the company brought two new products into the market Tizom and Semacia which have been very well received by farmers.

Dhanuka Agritech is working on both medium-term and long-term strategies to further expand its market, both in terms of products and geographies. Dhanuka Agritech’s strong marketing and sales teams are committed to bolster the profits of the company under the able guidance of management.