Agrochemicals maker Rallis India, part of Tata Group, has reported a fall of 19.66% in its standalone net profit to Rs 101.39 crore for the 2011-12 fiscal. The company had reported a net profit of Rs 126.21 crore in the 2010-11 financial year.
The standalone net sales of the company rose by 10% to Rs 1,151.94 crore in the last fiscal from Rs 1,046.72 crore in the 2010-11 fiscal.
The company’s consolidated net revenues for the 2011-12 fiscal rose by 17% to reach a new high at Rs 1,245 crore. It posted a consolidated net profit after tax of Rs 100 crore after an exceptional item of Rs 17 crore.
The company has also recommended a dividend of Rs 1.20 per share, taking the total dividend for the year to Rs 2.20 per share.
