Rallis India Limited Reports Earnings Standalone and Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 23, 2013 at 06:42 pm IST
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Rallis India Limited reported earnings standalone and consolidated unaudited earnings results for the third quarter and nine months ended December 31, 2012. On standalone basis, for the quarter, the company reported profit from operations before other income, finance costs and exceptional items of INR 409.1 million, profit before tax of INR 368.5 million and net profit of INR 247.6 million or INR 1.27 per basic and diluted share on total income from operations of INR 3,230.2 million against profit from operations before other income, finance costs and exceptional items of INR 501.8 million, profit before tax of INR 168.3 million and net profit of INR 194.5 million or INR 0.57 per basic and diluted share on total income from operations of INR 3,097.4 million reported for the same period a year ago.
For the nine months period, the company reported profit from operations before other income, finance costs and exceptional items of INR 1,549.6 million, profit before tax of INR 1,515.0 million and net profit of INR 1,058.7 million or INR 5.44 per basic and diluted share on total income from operations of INR 10,585.2 million against profit from operations before other income, finance costs and exceptional items of INR 1,748.2 million, profit before tax of INR 1,325.5 million and net profit of INR 194.5 million or INR 4.61 per basic and diluted share on total income from operations of INR 9,643.2 million reported for the same period a year ago.
On consolidated basis, for the quarter, the company reported profit from operations before other income, finance costs and exceptional items of INR 386.3 million, profit before tax of INR 328.8 million and net profit of INR 220.3 million or INR 1.13 per basic and diluted share on total income from operations of INR 3,425.0 million against profit from operations before other income, finance costs and exceptional items of INR 479.2 million, profit before tax of INR 124.1 million and net profit of INR 76.6 million or INR 0.39 per basic and diluted share on total income from operations of INR 3,249.3 million reported for the same period a year ago. Net sales registered a growth of 7% at INR 3,398.1 million compared to INR 3,176.5 million a year ago.
For the nine months period, the company reported profit from operations before other income, finance costs and exceptional items of INR 1,617.4 million, profit before tax of INR 1,540.1 million and net profit of INR 1,077.6 million or INR 5.54 per basic and diluted share on total income from operations of INR 11,732.9 million against profit from operations before other income, finance costs and exceptional items of INR 1,805.9 million, profit before tax of INR 1,344.1 million and net profit of INR 893.0 million or INR 4.59 per basic and diluted share on total income from operations of INR 10,591.5 million reported for the same period 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 Reports Earnings Standalone and Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012