Rallis India shares jump 6 pc after Q1 earnings

New Delhi, July 23: Shares of agrochemicals firm Rallis India on Thursday rose by 6 per cent after the company reported a 53 per cent growth in consolidated profit after tax (PAT) during the first quarter of 2020-21.
It gained 6 per cent to Rs 324.60 — its 52 week-high — on the BSE.
At the NSE, the stock jumped 5.79 per cent to a one year high of Rs 324.
Rallis India on Wednesday reported a 53 per cent growth in consolidated PAT at Rs 92 crore during the first quarter of 2020-21.
The company’s PAT stood at Rs 60 crore in April-June quarter of 2019-20, Rallis India said in a statement.
The company had recorded a growth of 6 per cent in consolidated revenue at Rs 663 crore for the quarter under review, as against Rs 623 crore in the same quarter of FY20. (PTI)

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