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