Rallis India declines on reporting 45% fall in Q3 consolidated net profit

Rallis India declines on reporting 45% fall in Q3 consolidated net profit

by admin- Friday, January 18th, 2019 08:09:25 PM

Rallis India is presently buying and selling at Rs. 164.Eighty five, down by way of 8.15 points or 4.Seventy one% from its preceding closing of Rs. 173.00 at the BSE.

The scrip opened at Rs. 168.10 and has touched a excessive and low of Rs. 168.60 and Rs. 163.00 respectively. So some distance 42560 shares had been traded on the counter.

The BSE group ‘A’ stock of face price Rs. 1 has touched a 52 week high of Rs. 282.00 on 18-Jan-2018 and a fifty two week low of Rs. 159.55 on 03-Dec-2018.

Last one week excessive and coffee of the scrip stood at Rs. A hundred seventy five.40 and Rs. 163.00 respectively. The modern-day marketplace cap of the enterprise is Rs. 3208.74 crore.

The promoters conserving in the employer stood at 50.09%, whilst Institutions and Non-Institutions held 23.95% and 25.Ninety five% respectively.

The business enterprise has suggested a fall of 30.Eighty two% in its net earnings at Rs 22.85 crore for 0.33 zone ended December 31, 2018 in comparison to Rs 33.03 crore for the same region within the preceding yr. However, general profits of the organisation increased via 9.09% at Rs 393.17 crore for Q3FY19 as compared Rs 360.Forty one crore for the corresponding quarter preceding 12 months.

On the consolidated basis, the organization has mentioned a fall of 44.Sixty six% in its net profit at Rs thirteen.88 crore for the sector beneath evaluate in comparison to Rs 25.08 crore for the equal sector within the previous 12 months. However, total income of the corporation improved by 7.46% at Rs 423.25 crore for Q3FY19 as compared Rs 393.86 crore for the corresponding quarter preceding 12 months.

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