Rallis India Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 23, 2024 at 05:25 am EST
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Rallis India Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 5,980 million compared to INR 6,300 million a year ago. Revenue was INR 6,000 million compared to INR 6,320 million a year ago. Net income was INR 240 million compared to INR 220 million a year ago. Basic earnings per share from continuing operations was INR 1.25 compared to INR 1.16 a year ago.
For the nine months, sales was INR 22,120 million compared to INR 24,440 million a year ago. Revenue was INR 22,220 million compared to INR 24,520 million a year ago. Net income was INR 1,690 million compared to INR 1,610 million a year ago. Basic earnings per share from continuing operations was INR 8.69 compared to INR 8.28 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 
