Rallis India Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
January 20, 2015 at 09:22 am EST
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Rallis India Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, on standalone basis the company's net sales/income from operations was INR 3,500.0 million compared with INR 3,735.0 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 459.7 million compared with INR 533.8 million a year ago. Profit from ordinary activities before tax was INR 453.3 million compared with INR 534.6 million a year ago. Net profit was INR 325.0 million or INR 1.67 earnings per share compared with INR 349.5 million or INR 1.80 earnings per share a year ago.
For the nine months, the company's net sales/income from operations was INR 12,174.1 million, compared with INR 12,066.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,765.7 million compared with INR 1,756.6 million a year ago. Profit from ordinary activities before tax was INR 1,751.8 million compared with INR 1,735.9 million a year ago. Net profit was INR 1,217.0 million or INR 6.26 earnings per share compared with INR 1,212.2 million or INR 6.23 earnings per share a year ago.
For the quarter, on consolidated basis, the company's net sales/income from operations was INR 3,847.0 million compared with INR 3,959.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 378.5 million compared with INR 487.1 million a year ago. Profit from ordinary activities before tax was INR 361.3 million compared with INR 470.0 million a year ago. Net profit was INR 233.0 million or INR 1.31 per basic and diluted share compared with INR 284.9 million or INR 1.56 per basic and diluted share a year ago.
For the nine months, the company's net sales/income from operations was INR 14,859.8 million compared with INR 14,019.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,963.7 million compared with INR 1,924.4 million a year ago. Profit from ordinary activities before tax was INR 1,920.3 million compared with INR 1,869.7 million a year ago. Net profit was INR 1,385.5 million or INR 6.99 per basic and diluted share compared with INR 1,346.0 million or INR 6.82 per basic and diluted share a year ago.
Rallis India Limited is an India-based company, which is engaged primarily in the business of manufacturing and marketing of agri-inputs. It is engaged in manufacturing, distribution, sales and marketing of crop protection, and a variety of field crops. The agri-inputs consists of crop protection products, plant growth nutrients, organic compost and processing of seeds and provides agri-solutions under its Rallis Samrudh Krishi (RSK) initiative. Its business areas include domestic crop protection, international business, contract manufacturing, seeds, plant growth nutrients and agri-services. It offers crop protection products, such as fungicides, herbicides, insecticides, bio pesticide. It is engaged in the business segments of crop protection chemicals, specialty chemicals, polymers, and intermediates through contract manufacturing. Its seed division is an agricultural biotechnology company focusing on developing traits and technologies for crop protection and improved productivity.
RALLIS INDIA LIMITED 
