 "Rallis India's arm Metahelix forms JV in Indonesia for seeds business")
Shares of Rallis India soared 15 per cent to Rs 222, also its 52-week high, on the BSE on Friday, after company’s profit before tax, before exceptional items, more-than-doubled at Rs 48 crore in December quarter (Q3FY20). The Tata Group agrochemicals company had PBT of Rs 20 crore in same quarter last fiscal.
The company recorded consolidated revenues of Rs 534 crore for Q3FY20, a growth of 28 per cent over previous year's quarter of Rs 417 crore. Net profit jumped 177 per cent to Rs 38 crore from Rs 14 crore in the year-ago quarter.
Earnings before
The company recorded consolidated revenues of Rs 534 crore for Q3FY20, a growth of 28 per cent over previous year's quarter of Rs 417 crore. Net profit jumped 177 per cent to Rs 38 crore from Rs 14 crore in the year-ago quarter.
Earnings before
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