Rallis India Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 18, 2019 at 03:36 am
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Rallis India Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, on standalone basis, the company reported revenue from operations of INR 3,882.3 million compared to INR 3,572.5 million a year ago. Profit before tax was INR 322.9 million compared to INR 383.7 million a year ago. Net profit for the period was INR 228.5 million compared to INR 330.3 million a year ago. Basic and diluted earnings per share were INR 1.17 compared to INR 1.70 a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 13,538.5 million compared to INR 11,668.8 million a year ago. Profit before tax was INR 1,690.6 million compared to INR 1,567.0 million a year ago. Net profit for the period was INR 1,175.9 million compared to INR 1,161.3 million a year ago. Basic and diluted earnings per share were INR 6.05 compared to INR 5.97 a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 4,173.5 million compared to INR 3,901.6 million a year ago. Profit before tax was INR 196.3 million compared to INR 280.2 million a year ago. Net profit attributable to the shareholders of the company was INR 138.8 million compared to INR 250.8 million a year ago. Basic and diluted earnings per share were INR 0.71 compared to INR 1.29 a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 16,639.7 million compared to INR 14,373.8 million a year ago. Profit before tax was INR 2,146.7 million compared to INR 2,018.4 million a year ago. Net profit attributable to the shareholders of the company was INR 1,540.8 million compared to INR 1,464.7 million a year ago. Basic and diluted earnings per share were INR 7.91 compared to INR 7.60 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 
