The company typically earns more in the second half of its year, reflecting the major cropping seasons in the Northern Hemisphere and Australia.

Its ASX-listed shares rise 0.6% to $A5.75 and have gained about 25% in the past year.

The Agricultural chemicals company has previously denied all allegations of wrongdoing, saying it would vigorously defend the case.

The increased profit is despite variable worldwide market and climate conditions.

Write-down relating to dispute will reduce full-year net profit by $28 million.

Nufarm has estimated improved underlying net operating earnings for the 12 months to July 31 will be between $88 million and $94 million.