Rallis India has reported results for its first quarter ended June 30, 2011.
The company’s net profit after extraordinary items for the quarter has surged by 25.89% at Rs 18.67 crore as compared to Rs 14.83 crore for the same quarter last year. Its total income has increased by 17.18% to Rs 238.17 crore for the quarter under review from Rs 203.26 crore for the corresponding quarter of the previous year.
Rallis India mainly deals in Agri Business and has emerged as one of the leaders in the Indian Agrochemical Industry. The company is also in the Institutional business providing technical and bulk of various molecules to leading companies like Bayer, Syngenta, Excel, UPL, Gharda, Cheminova etc.