Rallis India Q3 net down 20% at Rs 20.41 crore

Rallis India today reported a 20 per cent fall in its consolidated net profit at Rs 20.41 crore for the December quarter.

The company had reported a net profit of Rs 25.49 crore in the year-ago period.

Total income from operations during the October-December quarter of the current fiscal declined to Rs 311.11 crore as against Rs 388.18 crore in the same period last fiscal, the company said in a BSE filing.

Rallis India is a subsidiary of Tata Chemicals with business presence in the Farm Essentials vertical.

Rallis India shares today closed at 157.85, down 2.74 per cent on the BSE.