[India] - Rallis India Q2FY25 results: Net earnings increases 19.5% to Rs 98 cr

INSUBCONTINENT EXCLUSIVE:
The company's shares on Tuesday closed at Rs 321.60, up 0.12 per cent on the BSE
| Photo: Facebook1 min read Last Updated : Oct 15 2024 | 9:27 PM IST Rallis India, a subsidiary of Tata Chemicals, on Tuesday reported a
19.51 per cent growth in net profit during the quarter ending September 30 to Rs 98 crore compared to the same period in the previous
financial year. The company's net profit stood at Rs 82 crore during the corresponding quarter of the previous fiscal year, Rallis India
said in a regulatory filing.Click here to connect with us on WhatsApp Revenue from operations of the company witnessed an 11.53 per cent
quarter performance in FY25, helped by double-digit growth in the domestic market, both in the Crop Care and Seeds business
Revenue increased to reach Rs 928 crore and profit after tax increased to reach Rs 98 crore," Rallis India Managing Director and CEO Dr
Gyanendra Shukla said. "International business had volume recovery though prices continue to be a challenge
We remain positive for the upcoming rabi season with higher reservoir water levels," he said. The company's shares on Tuesday closed at Rs
321.60, up 0.12 per cent on the BSE.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the
rest of the content is auto-generated from a syndicated feed.)First Published: Oct 15 2024 | 9:27 PMIST