Rallis India has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a rise of 28.22% in its net profit at Rs 30.40 crore for the quarter ended March 31, 2016 as compared to 23.71 crore for the same quarter in the previous year. However, total income of the company has increased by 9.92% at Rs 314.31 crore for quarter under review as compared to Rs 285.94 crore for the quarter ended March 31, 2015.
On consolidated basis, the company has posted a rise of 51.27% in its net profit after taxes, minority interest and share of profit of associates of Rs 32.25 crore for the quarter ended March 31, 2016 as compared to Rs 21.32 crore for the corresponding quarter in the FY15. Total income of the company increase by 11.11% at Rs 357.03 crore for quarter under review as compared to Rs 321.32 crore for the same quarter ended previous year.
For the year ended March 31, 2016, the company has posted a fall of 13.33% in its net profit at Rs 126.02 crore as compared to Rs 145.41 crore for the same period in the previous year. Total income of company decreased 13.42% at Rs 1309.96 crore for year under review as compared to Rs 1512.93 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted decline of 9.03% in its net profit at Rs 143.03 crore as compared to Rs 157.22 crore for the same period in the previous year. Total income of company has decreased by 9.74% at Rs 1641.53 crore for year under review as compared to Rs 1818.74 crore for the period ended March 31, 2015.
