Rallis
posts profits in Q-1
July 29, 2004
Rallis
India Limited announced unaudited results for
quarter ended June 30, 2004. The company
achieved improvement in sales and profits. The
profit before tax was Rs 2.26 crore (loss of Rs
17.65 crores in the corresponding period previous
year) and the income was Rs. 114.64 crores (Rs.
98.53 crore in the corresponding period previous
year). The company is now very focused on pesticides.
During the quarter, the sale of pesticides increased
by 43 per cent over corresponding period in the
previous year. This has been possible due to the
various initiatives taken by the company including
the introduction of new products. This coupled
with a focused approach on distribution and marketing
has enabled Rallis to register a strong growth
in the pesticides segment.
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