The result was announced after market hours yesterday, 17 January 2018.

Meanwhile, the S&P BSE Sensex was down 59.81 points, or 0.16% to 36,314.27.

On the BSE, 72,000 shares were traded in the counter so far compared with average daily volumes of 59,000 shares in the past two weeks. The stock had hit a high of Rs 168.60 and a low of Rs 163 so far during the day. The stock hit a 52-week high of Rs 282 on 18 January 2018. The stock hit a 52-week low of Rs 159.55 on 3 December 2018.

Rallis India, a TATA Enterprise is a subsidiary of Tata Chemicals, with its business presence in the farm essentials vertical. It is one of India's leading crop care companies.

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Net profit of Rallis India declined 44.66% to Rs 13.88 crore in the quarter ended December 2018 as against Rs 25.08 crore during the previous quarter ended December 2017. Sales rose 6.97% to Rs 417.35 crore in the quarter ended December 2018 as against Rs 390.16 crore during the previous quarter ended December 2017.

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Rallis India will hold a meeting of the Board of Directors of the Company on 17 January 2019.

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The Board of Rallis India at its meeting held on 03 December 2018 has accepted the request of V Shankar, MD and CEO for early retirement from the services of the company with effect from 31 March 2019 to pursue his interest in setting up the company's proposed 'Centre for Sustained Agriculture and Farm Excellence'. The Board has approved the appointment of R Mukundan as MD and CEO of the company with effect from 03 December 2018.

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