Q4FY17 Results : Rallis India

Rallis India Ltd. reported its results for the quarter ended December 31, 2016 market hours today. The standalone numbers were largely Total sales for this quarter, Q3FY17, came in at Rs. 611.83 crore. This represents a 9.98 per cent sequential decline and 94.98 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 272.17 crore and the EBIT margin stood at 44.48 per cent.

In terms of the bottom-line, the company reported a PAT figure of Rs. 31.52 crore which represents a sequential QoQ decline of 0.97 per cent and a YoY decline of 30.82 per cent.The company's stock which opened for trading at Rs. 428 on the BSE, has risen by 0.78 per cent after the results were declared and is currently trading around the Rs. 428 mark.

Rallis India is an Indian company and a flagship of the TATA Enterprise. The company involve only Agri input business segment. The Company's Agri Inputs consists of crop protection chemicals, seeds and plant growth nutrients. The business areas of the company include agri business domestic, institutional business, international business and contracting services.