Rallis
Rallis Q4 result: Loss narrows to Rs 21 cr, operational revenue down 16%
Agri solutions provider Rallis India, a Tata enterprise, on Monday said it narrowed its losses to Rs 21 crores during the March quarter. The company has reported a loss of Rs 69 crore during the corresponding quarter of the previous financial year, Rallis India said in a regulatory filing. Revenue from operations of the company declined 16.63 per cent during the quarter under review to Rs 436 crore compared to Rs 523 crore in the same period of the previous year. However, for the entire FY24, the company's net profit was Rs 148 crore compared to Rs 92 crore in FY23. Revenue from operations of the company dipped 11.82 per cent to Rs 2,642 crore in FY24, compared to Rs 2,967 crore in the previous fiscal. "Our net profit in FY24 is Rs 148 crore compared to Rs 92 crore for FY23. We reported revenue at Rs 2,648 crore in FY24, lower by 11 per cent over the previous year in the backdrop of continuing challenges in the exports demand and low agro-chemical prices," Rallis India Managing ..
 "Rallis Q4 result: Loss narrows to Rs 21 cr, operational revenue down 16%")
Karnataka Assembly polls: PM Modi likely to address nearly 20 rallies
Chief Minister Basvaraj Bommai is heading the party's campaign committee. The election management committee is headed by union minister Shobha Karandlaje
 "Karnataka Assembly polls: PM Modi likely to address nearly 20 rallies")
Govt oblivious to Omicron threat; PM still holding rallies: Cong slams govt
The Congress demanded that Prime Minister Narendra Modi must follow a clear vaccination policy, provide jabs for children between 5 and 15 years and spell out the roadmap to combat the pandemic
 "Govt oblivious to Omicron threat; PM still holding rallies: Cong slams govt")
Rallis: Investors should wait for consistent performance in upcoming qtrs
What has helped the performance in the quarter, especially in the domestic business, is the early kharif season which resulted in stocking up of products in the June quarter
 "Rallis: Investors should wait for consistent performance in upcoming qtrs")
Fresh worries for agrochemical majors as govt considers banning 27 products
Net impact would depend on final list of chemicals to be banned and companies' move to diversify portfolio
 "Fresh worries for agrochemical majors as govt considers banning 27 products")
Rallis: Some respite in March quarter, more required
Improving exports and better working capital management are positives for Rallis, but a good monsoon is crucial for growth
 "Rallis: Some respite in March quarter, more required")
