Rallis India posted a sales increase of 6.6% to Rs 635.94 crore in the second quarter ended September 30th 2014. Net profit saw a flat at Rs 72.84 crore. For the first six month of fiscal 2014-2015, sales grew by 9.5% to Rs 1,101.28 crore, while net profit up by 8.6% to Rs 115.25 crore.
Rallis India Managing Director and CEO V Shankar said, "I am pleased that we have recorded good performance across our business segments despite the erratic South-West monsoon this kharif. The long drought like spell followed by heavy rains in certain areas did not augur well for the normal cropping pattern affecting yields and farm incomes."
Rallis India sales results (Rs in crore)
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Q2 ended Sep 30
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Q2 2014
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Q2 2013
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Changes %
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Six-month
2014
|
Six-month
2013
|
Changes %
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Sales
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635.93
|
596.67
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+6.6
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1,101.28
|
1,005.98
|
+9.5
|
Net profit
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72.84
|
72.79
|
+0.1
|
115.25
|
106.11
|
+8.6
|
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