Crop Protection (Domestic formulation) - Recorded 7.5% growth driven by new product launches and enhanced reach
Crop Nutrition - Achieved 21.8% growth fuelled by differentiated products, focussed grass root level marketing and channel engagement activities
42%
Rs. 128 crore
Rs. 222 crore (FY'22)
↓
Profit before tax
Exports - 24.5% growth supported by increased global demand and price rise
Seeds - FY23 was a mixed year for Indian Seed industry. Demand reduced for Hybrid Paddy and illegal cotton proliferated. Rallis also de-grew by 1.3%
Profitability - Margins impacted chiefly due to high cost of input materials. Provision for slow moving inventory and impairment of intangible assets of Seeds further impacted profitability
Sustained growthActionsmomentum.underwayDouble to improve profitability and drive competitive growth
Rallis India Ltd. published this content on 19 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 June 2023 09:54:20 UTC.
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 
