 "Rallis India's net profit falls 13.3% to Rs 39.6 crore in December quarter")
Rallis India Ltd, a subsidiary of Tata Chemicals, on Thursday reported a 13.3 per cent fall in its consolidated net profit to Rs 39.56 crore for the third quarter ended December 2021.
It had posted a net profit of Rs 45.64 crore in the October-December quarter last fiscal, Rallis India Ltd said in a regulatory filing.
Its revenue from operations during October-December 2021 jumped 10.1 per cent to Rs 628.08 crore, against Rs 570.47 crore in the year-ago period.
Rallis India's total expenses rose 13.3 per cent to Rs 580.50 crore, compared with Rs 522.18 crore a year ago.
Shares of Rallis India Ltd on Wednesday settled at Rs 294.65 apiece on the BSE, up 2.61 per cent from the previous close.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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