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Rallis India shares tumble over 9% on weak Q2 results

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Press Trust of India Mumbai
Shares of Tata group firm Rallis India today went down by over 9 per cent in morning trade after it reported decline in consolidated net profit for the quarter ended September 30.

The company's scrip dipped 9 per cent to Rs 206 on the BSE.

At the NSE, it slumped 9.16 per cent to Rs 205.65.

Rallis India had yesterday reported marginal decline in its consolidated net profit to Rs 73.43 crore for the quarter ended September 30.

The company had clocked a net profit of Rs 74.75 crore in the same quarter last year.

The total income from operations of the company during the June-September period rose to Rs 641.94 from Rs 502.40 crore in the year ago period.
 

Rallis India is in the business of agro-chemicals.

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First Published: Oct 17 2014 | 12:38 PM IST

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