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Rallis India leaps 6%, hits record high as Q1 net profit grows 53% YoY

The Tata Chemicals' subisidiary's consolidated revenue grew 6 per cent to Rs Rs 663 crore for the quarter under review as against Rs 623 crore in the same quarter of FY20

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As regards Covid-19, the company said it had above 90 per cent adherence to supply plans despite Covid-19-induced lockdown and labour issues.

SI Reporter New Delhi

3 min read Last Updated : Jul 23 2020 | 10:13 AM IST

Shares of Rallis India surged 6 per cent and hit fresh record high at Rs 325 on the BSE on Thursday after the company's consolidated net profit in the April-June, 2020 quarter jumped 53 per cent to Rs 92 crore. During the same quarter last year, the company's PAT stood at Rs 60 crore.

Besides, the Tata Chemicals' subisidiary's consolidated revenue grew 6 per cent to Rs Rs 663 crore for the quarter under review as against Rs 623 crore in the same quarter of FY20.

"We have registered a 13.5 per cent revenue growth during Q1 for domestic crop

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