Rallis sales jump 32% in third quarter
Rallis India’s revenues shot up by 32.1% to Rs 2,680.5 million ($58.7 million at the current rate) in its third quarter ended December 31st 2010. Sales included agrochemicals, seed, nutrients and non-agricultural chemicals. Net profit grew 40% to Rs 336.9 million ($7.4 million) compared with the same period last year. The company says that it was able to achieve the growth despite unseasonal rains.