Key Highlights: Q1 FY26

Announcing the results, Dr Gyanendra Shukla, Managing Director & CEO, Rallis India Limited, said,

“Market placement during the first quarter of the year benefited from an early onset of monsoon. Global demand has also started showing signs of recovery in a few of our products.

Our revenue for Q1 FY26 was at ₹957 Cr, 22% higher than ₹783 Cr of Q1 FY25. Profit After Tax (PAT) was ₹95 Cr in Q1 FY 26 as compared to ₹ 48 Cr in Q1 FY 25. We witnessed double-digit volume-led growth of 13% in Crop Care B2C, 23% in Crop Care B2B and 38% in Seeds business. Our Soil & Plant Health business registered growth of 33% in line with our strategy. Our actions on improving product mix and driving cost optimization have also helped in improving PAT margins from 6% in Q1FY 25 to 10% in Q1 FY 26.  We are pleased with the continuing momentum on our North Cotton seeds hybrids, particularly “Diggaz”. Our working capital management has also been robust, leading to a healthy closing fund balance.

We remain cautiously optimistic for the quarter ahead. Key watchouts will be the liquidation of placed products in both Crop Care B2C and Seeds. We expect the export market to witness a gradual recovery during the year.

On a long-term basis, Customer Centricity will remain a key thrust, and we will continue to offer differentiated solutions to solve varying farmer needs. We will further intensify our efforts to build capabilities in Manufacturing, Digitalization and leverage Collaborations and Alliances”.

Key Developments: Q1 FY26

• Successful Key New Products launches:

o    Crop Protection: Launched 9 new products across Herbicides, Fungicides and Insecticides. Key launches

• Allato (Oxadiargyl 1% + Pretilachlor 6% GR), Herbicide for Paddy
• Penflor (Florpyrauxifen-benzyl 1.31% + Penoxsulam 2.1% OD), Herbicide for Paddy
• Deweed (Paraquat 24% + Oxyfluorfen 5% SC), Non-selective Herbicide
• Dodrio (Thifluzamide 9% + Difenoconazole 6% + Validamycin 3% SC), Fungicide for Paddy sheath blight
• Master Gold (Metalaxyl M4% + Mancozeb 64% WP), Fungicide for Grapes
• Fiplam (Fipronil 12.5% + Lambda 5% ZC), 9(3), Insecticide for Cotton

o   Seeds: Launched 14 new products across Cotton, Bajra and Paddy

• Ankleshwar Unit received -“Resilient Award” Water Conservation jointly presented by SGCCI and GPCB
• Rallis has been awarded for “Best Supply Chain & Logistics company” by Alden Global
• Rallis has been awarded “Best CSR Initiative” for Krishi Vikram by Indian Chamber of Commerce

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Key Highlights: Q3 FY25

Announcing the results, Dr Gyanendra Shukla, Managing Director & CEO, Rallis India Limited, said,

“Domestic business registered volume growth in the backdrop of intense market competition. I am pleased with the growth in Biologicals & Specialty solutions business, which has grown by 13%. Seeds business revenue was ₹ 30 Cr as against ₹ 32 Cr in Q3 PY. Exports business continues to face headwinds with business registering a de-growth of 38% resulting in overall revenue de-growth of 13% and drop in profitability.

Our efforts will continue to be focused on improving market share in the domestic business underpinned by the growing segments of Seeds, Herbicides and Biologicals & Specialty solutions. We have planned new differentiated product launches to serve the varying needs of farmers. In Seeds business, our teams are working for the upcoming Kharif season. We are also in the final stages of commercializing a new active ingredient “Metalaxyl-M” and are confident of the long-term potential of the product both for domestic and international markets. We will intensify the actions around expansion of our customer base and deepening strategic partnerships.

We have commenced actions to refresh our talent base in key positions. Our efforts to significantly improve engagement with farmers resting on the digital platform have been initiated. Sustainability is an integral part, and we remain committed to a greener future.”

Key Developments: Q3 FY25 

·         New customer partnerships with Global majors and Indian Companies

·         Successful technology transfer and commercial trial of CSM product

·         Rallis India was conferred FICCI award under “Green Process” category for promoting sustainability through circular economy and award for “Best Zero Waste Initiative” in CII-SR Industrial Water & Waste Management Competition 2024

·         In line with our commitments to Tata Group’s flagship “Project Aalingana”, our Board has approved the investment in Solar Power which will reduce electricity costs and carbon footprint

The post Rallis India records Q3FY25 revenue of ₹ 522 Cr with PAT at ₹ 11 Cr appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.