| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 522.00 | 43.8% |
| Total Income | 528.00 | 43.7% |
| Expenditure | 509.00 | 36.0% |
| PBT | 19.00 | 86.7% |
| Net Profit | 11.00 | 88.8% |
| OPM | -3.45% | 14.23pp |
| NPM | 2.08% | 8.37pp |
| EPS | 0.56 | 88.9% |
Rallis India Records Q3FY25 Revenue of ~ 522 Cr with PAT at = 11 Cr
17 Jan 2025 · 17 Jan 2025, 11:03 pm
Summary
Rallis India Limited, a leading player in the Indian agri inputs industry, announced its financial results for the third quarter and nine months ended 31 December 2024. The company reported a revenue of ¥ 522 Cr and a Profit After Tax (PAT) of ¥ 11 Cr for Q3 FY25. The domestic business registered volume growth amidst intense market competition. However, the exports business faced headwinds, resulting in overall revenue de-growth of 13% and a drop in profitability. The company is focusing on improving market share in the domestic business, new product launches, and expanding its customer base and strategic partnerships.
Key Highlights
- 1
Domestic business registered volume growth in a competitive market.
- 2
Biologicals & Specialty solutions business grew by 13%.
- 3
Exports business faced headwinds with a 38% de-growth.
- 4
New product launches and customer base expansion planned.
- 5
Rallis India received FICCI and CII-SR awards for sustainability initiatives.
Management Comments
Dr Gyanendra Shukla
Managing Director & CEO, Rallis India Limited
Domestic business registered volume growth in the backdrop of intense market competition. I am pleased with the growth in Biologicals & Specialty solutions business, which has grown by 13%. Seeds business revenue was ~ 30 Cr as against ~ 32 Cr in Q3 PY. Exports business continues to face headwinds with business registering a de-growth of 38% resulting in overall revenue de-growth of 13% and drop in profitability. Our efforts will continue to be focused on improving market share in the domestic business underpinned by the growing segments of Seeds, Herbicides and Biologicals & Specialty solutions. We have planned new differentiated product launches to serve the varying needs of farmers. In Seeds business, our teams are working for the upcoming Kharif season. We are also in the final stages of commercializing a new active ingredient “Metalaxyl-M” and are confident of the long-term potential of the product both for domestic and international markets. We will intensify the actions around expansion of our customer base and deepening strategic partnerships. We have commenced actions to refresh our talent base in key positions. Our efforts to significantly improve engagement with farmers resting on the digital platform have been initiated. Sustainability is an integral part, and we remain committed to a greener future.
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