Latest News | Rallis India's Net Profit Falls 13.3 Pc to Rs 39.6 Cr in Dec Quarter

New Delhi, Jan 19 (PTI) Rallis India Ltd, a subsidiary of Tata Chemicals, on Thursday reported a 13.3 per cent fall in its consolidated net profit to Rs 39.56 crore for the third quarter ended December 2021.

It had posted a net profit of Rs 45.64 crore in the October-December quarter last fiscal, Rallis India Ltd said in a regulatory filing.

Also Read | Assembly Elections 2022: What is cVIGIL App And How to Use It.

Its revenue from operations during October-December 2021 jumped 10.1 per cent to Rs 628.08 crore, against Rs 570.47 crore in the year-ago period.

Rallis India's total expenses rose 13.3 per cent to Rs 580.50 crore, compared with Rs 522.18 crore a year ago.

Also Read | Garmin Venu 2 Plus Smartwatch With Voice Control Features Launched in India.

Shares of Rallis India Ltd on Wednesday settled at Rs 294.65 apiece on the BSE, up 2.61 per cent from the previous close. HRS hrs

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)