Rallis India shares tumbled 7% on January 17, 2025, following the release of disappointing Q3 results. The company reported a 12.71% YoY drop in revenue, bringing the total to ₹522 crore, while net profit plunged 54.17% YoY to ₹11 crore.
Sequentially, the performance was even more concerning, with revenue falling 43.75% q-o-q, and profit nosediving 88.78% q-o-q. Operating income decreased by 88.97% q-o-q and 53.12% YoY, while EPS for the quarter stood at ₹0.56, a 55.2% YoY decline.
Adding to investor concerns, selling, general, and administrative expenses rose by 2.9% q-o-q and 7.58% YoY. The stock has seen a -2.74% return over the past week, -15.12% over six months, and -2.36% YTD.
Rallis India shares opened at ₹271.30 today, reaching a high of ₹273.95 and a low of ₹264.00. The stock remains within its 52-week range of ₹236.50 to ₹378.70.
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