InvestorQ : How do you see the profit growth of Rallis India?
Lavanya Subramanian made post

How do you see the profit growth of Rallis India?

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Anamika Sodhani answered.
1 month ago
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Rallis recorded growth in sales of 9.4% on a QOQ basis at Rs.725 crore in the Sep-20 quarter. This was on the back of record Kharif output anticipated in the current financial year on the back of better monsoons and robust rural incomes.

On a sequential basis, the operating profit got impacted by a spike in other expenses during the quarter. Rallis reported 12.6% fall in operating profits and 9.7% fall in net profits on a sequential basis. Compared to Sep-19, operating profits were down 3.6% while net profits were up 4% at Rs.96 crore.

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