Rallis India reports 35% rise in Q1 consolidated net profit

Rallis India has reported results for first quarter ended June 30, 2014.

The company’s net profit for the quarter jumped over two fold at Rs 13.08 crore as compared to Rs 5.99 crore for the quarter ended June 30, 2013. Its total income from operations increased by 8.11% to Rs 292.12 crore for the quarter under review from Rs 270.19 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 34.52% rise in its net profit at Rs 36.98 crore for the quarter as compared to Rs 27.49 crore for the same quarter in the previous year. Total income from operations of the company increased by 13.74% at Rs 468.54 crore for quarter under review as compared to Rs 411.94 crore for the quarter ended June 30, 2013.