After the market closed on Tuesday, agrochemical company Rallis India and electric wires and cables manufacturer KEI Industries released their quarterly results. Both the companies have seen a growth of more than 10 percent in their profits compared to last year. At the same time, double digit growth has also been seen in income. The results have come after the market closed, so the impact of the quarterly results can be seen in the next session.

Rallis India
 

The company's profit in the second quarter has increased by 19.5 percent compared to last year and increased from Rs 82 crore to Rs 98 crore. At the same time, the company's income has increased by 11.5 percent to Rs 928 crore, which was at Rs 832 crore a year ago. EBITDA has been Rs 166 crore, which was at Rs 133 crore a year ago, i.e. it has registered a growth of 24.8 percent. Margins have been at 17.9 percent, which was at 16 percent a year ago. In Tuesday's trading, the stock closed at 321.6 with a gain of 0.12 percent. KEI Industries The company's profit in the second quarter has been Rs 154.8 crore, with a growth of 10.3 percent compared to last year. In the same quarter last year, the profit was at Rs 140.3 crore. At the same time, the company's income has increased by 17.2 percent to Rs 2279.6 crore, which was Rs 1945 crore a year ago. EBITDA has increased from Rs 202.2 crore to Rs 220.5 crore on a year-on-year basis. It has seen an increase of 9.1 percent. The company's margins have been at 9.7 percent, which was at 10.4 percent a year ago. Along with the results, it has been informed that KEI Industries will raise Rs 2000 crore through QIP.