Rallis sales up 3% in 2009
Rallis India recorded revenue growth of 2.9% to Rs 9,370.3 million ($211.2 million at the current rate) in the year ended March 31st. Net profit increased by 40.9% to Rs 1,014.9 million ($22.9 million), the highest-ever recorded by the company. Earnings increased as a result of “significant increases in operational efficiencies”. Fourth-quarter sales grew by 1.1% to Rs 2,541.9 million ($57.3 million), while net profit more than doubled to Rs 223 million ($5 million).