RALLIS INDIA LTD. - 500355 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Further to our letter dated April 12, 2023, we enclose herewith a copy of the transcript of the Analyst/Investors Call on the Audited Financial Results of the Company for the quarter and financial year ended March 31, 2023 held on Wednesday, April 26, 2023. The same is also being made available on the Company's website at: https://www.rallis.com/investors/Financial-Performance RALLIS INDIA LTD. - 500355 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyRALLIS INDIA LTD. 2CIN NO.L36992MH1948PLC014083 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY AA+STABLE 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkNSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Srikant Nair Designation: Company Secretary EmailId: srikant.nair@rallis.com Name of the Chief Financial Officer: Subhra Gourisaria Designation: Chief Financial Officer EmailId: subhra.gourisaria@rallis.com Date: 28/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. RALLIS INDIA LTD. - 500355 - Audio Recording Of Analysts/Investors Call Pertaining To The Financial Results For The Quarter And Financial Year Ended March 31, 2023
Please find below the link to the audio recording of the Analysts/Investors Call on the Audited Financial Results of the Company for the quarter and financial year ended March 31, 2023 held on Wednesday, April 26, 2023. The Results were approved by the Board at its Meeting held on Tuesday, April 25, 2023. Link: https://www.rallis.com/analyst-Investor-call-recording-q4fy-22-23 RALLIS INDIA LTD. - 500355 - Announcement under Regulation 30 (LODR)-Newspaper Publication
The Board of Directors at its Meeting held on April 25, 2023 has, inter alia, approved the Audited Financial Results of the Company for the quarter and financial year ended March 31, 2023. As per Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the said financial results were published in the enclosed newspapers. A copy of the results published is attached herewith. The above information is also being made available on the Company's website: www.rallis.com. RALLIS INDIA LTD. - 500355 - Announcement under Regulation 30 (LODR)-Newspaper Publication
The Board of Directors at its Meeting held on April 25, 2023 has, inter alia, approved the Audited Financial Results of the Company for the quarter and financial year ended March 31, 2023. As per Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the said financial results were published in the enclosed newspapers. A copy of the results published is attached herewith. The above information is also being made available on the Company's website: www.rallis.com.
Rallis India shares dip over 2% as poor Q4 2022 results hit sentiments
Rallis India, a subsidiary of Tata Chemicals, reported a loss of Rs 69.13 crore during the quarter ended March 31. The company had reported a loss of Rs 14.13 crore during the corresponding period in 2022. Q4FY23 Quarterly & FY23 Annual Result Announced for Rallis India Ltd.
Agrochemicals company Rallis India announced Q4FY23 & FY23 results: Q4FY23: Revenues of Rs 523 crore for Q4FY23, an increase of 3% over Q4FY22 of Rs 508 crore Loss after tax (after exceptional items) was (Rs 69) crore for Q4FY23, as compared to loss after tax (after exceptional items) of (Rs 14) crore in Q4FY22 FY23: Revenues of Rs 2,967 crore for FY23, an increase of 14% over FY22 of Rs 2,604 crore Profit after tax (after exceptional items) was Rs 92 crore in FY23, as compared to FY22 profit after tax (after exceptional items) of Rs 164 crore Announcing the results, Sanjiv Lal, Managing Director, and CEO, Rallis India, said, “The Company delivered 14% revenue growth over the previous year despite multiple headwinds. Our domestic crop care business grew by 12% and exports by 25% during the year. Exports recorded a revenue of Rs 979 crore in FY23. The Crop Nutrition business grew by 22%. Our seeds business revenue was flat vs last year. Seeds revenue at Rs 345 crore was impacted mainly due to segmental shifts in Paddy and due to supply shortfall in Maize. We have recognised provision for slowmoving/non-moving inventory Rs 52.8 crore and impairment in intangible assets Rs 30.4 crore. Work is underway to stabilise the business and improve its unit economics. The positive response to Diggaz, a cotton brand for North India, is encouraging. For FY24, there are forecasts of the likely onset of El Nino effects and efforts are underway to mitigate its business impact. On a longer-term basis, our capex plans, new product introduction plans and demand generation investments remain on course. Our focus on Technology & Digital Transformation projects in our operations will continue. This year marks the 75th Anniversary of Rallis’ incorporation. We want to thank all our stakeholders for supporting us in this journey. We have themed the milestone as 'Rooted in Values. Seeding Growth' and as we continue Serving Farmers through Science.” Result PDF RALLIS INDIA LTD. - 500355 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed is a copy of the Press Release with regard to the Audited Financial Results of the Company for the quarter and financial year ended March 31, 2023. A copy of the press release is also uploaded on the Company''s website www.rallis.com. You are requested to take the same on record. RALLIS INDIA LTD. - 500355 - Intimation Of Book Closure Pursuant To Regulation 42 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and the Share Transfer Books of the Company will remain closed from Wednesday, May 31, 2023 to Monday, June 5, 2023 (both days inclusive) for taking record of the Members of the Company for the purpose of the 75th Annual General Meeting (AGM) and payment of dividend subject to tax deducted at source, if declared by the Members of the Company at the AGM to be held on Thursday, June 15, 2023. The dividend, if declared by the members at the ensuing AGM will be paid on or after Tuesday, June 20, 2023. This is for your information and records.