Rallis India Ltd Q1FY18
Consolidated Results Q1FY18: (Rs. in crore)
|EBITDA Margin (%)||15|||
|Net Profit (Unadjusted)||45|||
Rallis India consolidated revenue for the quarter came in at Rs. 463 crore, registering 1% yoy decline. However, revenue of Metahelix came at Rs. 226 crore, grew by 13% yoy.
EBITDA for the quarter fell by 7.7% yoy to Rs. 69 crore with a corresponding margin contraction of 108 bps. EBITDA margin for the quarter stood at 15%. This margin contraction was led by 46% yoy increase in cost of materials.
The PAT for the quarter came in at Rs. 45 crore, yoy decline of 74%. This includes Rs. 158 crores comprising profit on assignment of leasehold rights to a plot of land.
The company has signed an agreement to sell its entire shareholding, held by Advinus Therapeutics Ltd., comprising its 13.68% of equity share capital.
Rallis India Ltd ended at Rs. 241.95, down by 3.3 points or 1.35% from its previous closing of Rs. 245.25 on the BSE.
The scrip opened at Rs. 247.40 and touched a high and low of Rs. 247.40 and Rs. 241 respectively. A total of 19,036(NSE+BSE) shares were traded on the counter. The stock traded above its 100 DMA.
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