Agriculture solutions firm Rallis India on Monday posted a marginal drop in consolidated net profit at Rs 249.4 million for the December quarter.
The Tata Group firm had clocked a net profit of Rs 253.4 million in the same quarter last financial year. Net income jumped to Rs 3.94 billion during the October- December period of the current fiscal from Rs 3.52 billion in the year-ago quarter, the company said in a BSE filing.
Expenses rose to Rs 3.66 billion from Rs 3.20 billion earlier.
“Our broad based portfolio of solutions and robust farmer relationship have been instrumental in driving