Rallis India Q2 net profit seen up 21% at Rs 91 cr: Poll

Written By Unknown on Rabu, 15 Oktober 2014 | 20.07

Earnings before interest, tax, depreciation and amortisation (EBITDA) is likely to increase 17 percent year-on-year to Rs 141 crore and margin may expand 100 basis points to 21 percent in July-September quarter.

Agrochemical products manufacturer  Rallis India will announce its second quarter earnings on Thursday. Consolidated net profit is expected to grow 21 percent to Rs 91 crore in the quarter ended September 2014 compared to Rs 75 crore in same quarter last year, according to the average of estimates of analysts polled by CNBC-TV18.

Total income from operations may climb 13 percent to Rs 680 crore from Rs 602 crore during the same period. Earnings before interest, tax, depreciation and amortisation (EBITDA) is likely to increase 17 percent year-on-year to Rs 141 crore and margin may expand 100 basis points to 21 percent in July-September quarter.

Key factors to watch out for are performance of seed business and outlook on new launches.

Better product mix may help the company with margin and revenue expansion, feel analysts.


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