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Rallis India Ltd Q1FY24; 6% fall in Profits

Rallis India, a Tata Group company Group Co., has a history of over 150 years. The company is into manufacturing of Agrochemicals and is present across the value chain of agriculture inputs – from seeds to organic plant growth nutrients. Rallis is also in the business of contract manufacturing for global corporations.

Financial Results:

Rallis India Ltd reported Revenues for Q1FY24 of ₹782.00 Crores down from ₹863.00 Crore year on year, a fall of 9.39%.

Total Expenses for Q1FY24 of ₹700.00 Crores down from ₹777.00 Crores year on year, a fall of 9.91%.

Consolidated Net Profit of ₹63.00 Crores down 5.97% from ₹67.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.24, down 6.09% from ₹3.45 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Agri-Inputs
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