Rallis India Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 20, 2017 at 12:12 pm
Share
Rallis India Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on standalone basis, the company reported net sales of INR 3,244.7 million against INR 3,001.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 387.3 million against INR 293.6 million a year ago. Profit from ordinary activities before tax was INR 404.6 million against INR 275.9 million a year ago. Net profit for the period was INR 339.7 million or INR 1.75 basic and diluted per share against INR 274.2 million or INR 1.41 basic and diluted per share a year ago.
For the nine months, on standalone basis, the company reported net sales of INR 11,401.7 million against INR 10,335.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,274.7 million against INR 1,765.7 million a year ago. Profit from ordinary activities before tax was INR 3,161.8 million against INR 1,212.3 million a year ago. Net profit for the period was INR 2,338.1 million or INR 12.02 basic and diluted per share against INR 933.1 million or INR 4.80 basic and diluted per share a year ago.
For the quarter, on consolidated basis, the company reported net sales of INR 3,467.0 million against INR 3,248.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,531.6 million against INR 1,235.5 million a year ago. Profit from ordinary activities before tax was INR 318.3 million against INR 196.3 million a year ago. Net profit attributable to shareholders of the company was INR 254.3 million or INR 1.31 basic and diluted per share against INR 211.1 million or INR 1.09 basic and diluted per share a year ago.
For the nine months, on consolidated basis, the company reported net sales of INR 13,972.9 million against INR 12,489.4 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,864.2 million against INR 1,459.2 million a year ago. Profit from ordinary activities before tax was INR 3,484.3 million against INR 1,405.5 million a year ago. Net profit attributable to shareholders of the company was INR 2,663.4 million or INR 13.70 basic and diluted per share against INR 1,087.5 million or INR 5.59n basic and diluted per share a year ago.
Rallis India Limited is an India-based company, which is engaged primarily in the business of manufacturing and marketing of agri-inputs. It is engaged in manufacturing, distribution, sales and marketing of crop protection, and a variety of field crops. The agri-inputs consists of crop protection products, plant growth nutrients, organic compost and processing of seeds and provides agri-solutions under its Rallis Samrudh Krishi (RSK) initiative. Its business areas include domestic crop protection, international business, contract manufacturing, seeds, plant growth nutrients and agri-services. It offers crop protection products, such as fungicides, herbicides, insecticides, bio pesticide. It is engaged in the business segments of crop protection chemicals, specialty chemicals, polymers, and intermediates through contract manufacturing. Its seed division is an agricultural biotechnology company focusing on developing traits and technologies for crop protection and improved productivity.
RALLIS INDIA LIMITED 
