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Rallis India reports 12-fold jump in Q4 consolidated net profit

23 Apr 2021 Evaluate

Rallis India has reported results for fourth quarter and year ended March 31, 2021.

The company has reported 14-fold jump in its net profit of Rs 8.22 crore for the quarter under review against Rs 0.55 crore for the same quarter in the previous year. Total income of the company increased by 34.70% at Rs 479.26 crore for Q4FY21 as compared Rs 355.81 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 12-fold jump in its net profit attributable to shareholders at Rs 8.12 crore for the quarter under review as compared to Rs 0.65 crore for the same quarter in the previous year. Total income of the company marginally increased by 34.71% at Rs 479.27 crore for Q4FY21 as compared Rs 355.79 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a rise of 23.29% in its net profit at Rs 228.67 crore as compared to Rs 185.47 crore for the previous year. Total income of the company increased by 8.05% at Rs 2469.87 crore for year under review as compared to Rs 2285.83 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 23.66% in its net profit attributable to shareholders at Rs 228.58 crore as compared to Rs 184.85 crore for the previous year. Total income of the company increased by 8.04% at Rs 2469.89 crore for year under review as compared to Rs 2286.15 crore for year ended March 31, 2020.

Peers
Company Name CMP
UPL 550.00
PI Industries 2388.40
Bayer CropScience 3715.95
Sharda Cropchem 750.00
Sumitomo Chem. India 446.15
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