Business Standard

Rallis India declines 5% as revenue slip 3% in September quarter

The consolidated net profit de-grew 2 per cent to Rs 83 crore as against Rs 85 crore in the year-ago quarter

agrochemicals
Premium

Rallis India is a subsidiary of Tata Chemicals

SI Reporter Mumbai
Shares of Rallis India were down 5 per cent at Rs 258.70 on the BSE in the intra-day trade on Tuesday after reported the company reported a disappointing July-September quarter (Q2FY21) result. The agrochemicals company reported 3 per cent year on year (YoY) decline in consolidated revenue at Rs 725 crore owing to poor sales from international market.

The consolidated net profit de-grew 2 per cent to Rs 83 crore as against Rs 85 crore in the year-ago quarter. EBITDA (earnings before interest, taxes, depreciation, and amortization) margins, however, were stable at 16.1 per cent.

The company witnessed a moderate quarter despite

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in