Agrochemicals maker Rallis India, part of Tata Group is targeting to achieve a turnover of Rs 500 crore from its multi-purpose manufacturing plant at Dahej in Gujarat in coming five years.
The company, during the year, had effectively commissioned and started the commercial production at its additional manufacturing facility at Dahej and produced lots of crop protection products.
The company 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 financial year 2010-11. 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.