Tata Group's stock Rallis India is witnessing selling pressure today. During early trading on Monday, the stock was seen slipping by about 8%. This decline in this Tata Group company is being seen after the release of the third quarter results. During the October-December quarter, the company's profit fell by 54.2% year-on-year to ₹ 11 crore. The market was expecting the profit to be higher than this.
During this period, the company's income fell 12.7% on a quarterly basis to ₹ 522 crores. The third quarter has been challenging for the agrochemical manufacturing company. On Monday, the stock opened at ₹ 271.05 per share with a gain of ₹ 6.5% on BSE. On Friday, the stock closed at ₹ 289.75 per share.
On the operational front, the company's EBITDA fell 29% to ₹ 44 crores. During this period, the company's margin also declined from 10.4% to 8.4%. Due to weakness in export performance, pressure has been seen on the company's profits. However, the company's margin is improving in the domestic market. Due to the company's pricing strategy and cost management, domestic margins were saved. How much was the income in different segments? Due to the weakness in the quarterly performance of the company, the sentiment of investors is being affected. The stock is under pressure today due to the company's income, margin and export challenges. There is no hope of recovery in the short term. During the third quarter, Rallis India's crop care income declined by 13% and seeds income by 7%. Due to weakness in exports, income growth remained flat in the first 9 months of the financial year 2025. Export volume has declined by 34%.
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