Rallis sales up 34% in Q4
Rallis India recorded a sales rise of 34% to Rs 2,786.5 million ($51.6 million at the current rate) in its fourth quarter ended March 31st 2013. That contrasted with a 13.7% decline in the corresponding quarter of the previous fiscal year ( Agrow No 641, p 8). Net profit was up by 12.5% to Rs 104.2 million ($1.9 million). Full-year revenues grew by 15.3% to Rs 14,400.9 million ($266.8 million). Net profit for the year moved up by 18% to Rs 1,188 million ($22 million).