Tata Group company Rallis India today reported a 15 per cent decline in its net profit at Rs 64.68 crore for the quarter ended September 30, hit by a decline in sales.
The company had reported a net profit of Rs 76.12 crore during the same quarter last year.
Net sales of the company fell to Rs 462.23 crore in the July-September quarter of the current financial year from Rs 578.42 crore in the year-ago period.
Rallis, a subsidiary of Tata Chemicals, with its business presence in the Farm Essentials vertical.
Shares of the company closed at Rs 211.05 apiece on BSE today, down by 0.99 per cent.
