RALLIS INDIA LIMITED

For immediate use

Rallis Board declares interim dividend of Re. l per share (100%)

Q2 revenues up 24%. Hlrevenues cross Rs.l000 Crs, Net rises above l 00 Crs.

Mumbai, 2151 October, 2013: Rallis India Limited, a TATA Enterprise and a leading player in the lndian crop protection industry announced the financial results for the quarter and six months nded 301h September, 2013.
Consolidated Q2 Performance
Net sales rose 24% to reach 597 Crs as compared to 481 Crs during the some period previous year. Net profit (after minority interest) for the Q2 FY14grew 21% to 75Crs( 62Crs for Q2 PY).
Profit from Operations (before exceptional items, other income and forex loss/(gain)) for the quarter increased 25% reaching 113Crs as against previous year Q2 profit of 90Crs.
Consolidated Hl Performance
Net sales registered a growth of 22% to reachl006Crs as compared to 822Crs during the H l PY. Net profit (after minority interest) for H l FY 14 was l 02Crs(86Crs for H l PY).
Profit from Operations (before exceptional items, other income and forex loss/(gain)) for the half year was l59Crs as against previous half year profit of 124Crs.
Commenting on the performance, Mr. V Shankar, Managing Director and CEO, Rallis India said, "l am happy that We have established new milestones with revenues crossing 1000 crs and PAT over 100
crs recording a healthy growth. Our continued focus on connecting with farmers through Rallis Kisan Kutumba initiatives, strong brands and value creating initiatives in agri space has contributed to strong performance in this Kharif Season. We are delighted that Rallis has been recently awarded the prestigious Porter Prize for 'creating shared value' recognizing these farmer relationship initiatives. The Porter Prize, is named after the renowned thinker, Harvard faculty member and father of modern strategies, Professar Michael E Porter, and awarded by the lnstitute for Competitiveness, India
Further, Mr. Shankar commented that "there were shifts in farmer preferences for crops and Rallis, with the help of a strong understanding of the field level changes, moved with agility to the dynamic circumstances. Our focus on the new initiatives continued with vigor with MoPu reaching out to more than 25,000 farmers and 60,000 acres in the current season in Maharashtra, Madhya Pradesh, Karnataka & Tamil Nadu. Our new products in the Plant Growth Promoter segment did well and our key brands recorded good growth"
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156/157 Nariman Bhavan 15th Floor 227 Nariman Point Mumbai 400 021

Tel 91 22 6665 2700 Fax 91 22 6635 2996 website www.rallis.co.in

A TATA Enterprise



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RALLIS

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Monsoon till end of ·September was 6 % surplus and the best since 1994. Kharif sowings registered an increase of 4.4 % and should translate into an increased foodgrain production. The good rainfall during Kharif have increased ground water and reservoir storage which should augur well for the next season.

About Rallis India

Rallis is known for its manufacturing capabilities in crop protection chemicals and various types of chemistries with ability to develop new processes and formulations supported by the capacity to register new products. lt has contract manufacturing alliances with several multinational agrochemical companies.

Rallis is one of lndia's leading agrochemicals companies, with a century old tradition of servicing rural · markets and a comprehensive portfolio of crop care solutions for lndian farmers. The Company is known for its deep understanding of lndian agriculture, sustained relationships with farmers, quality agrochemicals, branding and marketing expertise and its strong product portfolio.


During the year 2012-13, Rallis registered consolidated revenue of l440Crs and a consolidated net profit of l l9Crs.


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