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Value addition enables Rallis India to double profits

Value addition enables Rallis India to double profits
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First Published: Tue, Jul 14 2009. 08 21 PM IST
Updated: Tue, Jul 14 2009. 08 21 PM IST
Mumbai: Rallis India Ltd, the agro care company of Tata group, more than doubled its net profit for the quarter ended 30 June at Rs9 crore compared to Rs4 crore a year ago. The company posted Rs163 crore in sales for the quarter. .
Rallis’ managing director V Shankar said the company’s performance for the quarter was driven mainly by its enterprise-wide value creation programme that was initiated a year ago to add value to business through strategic expansion at rationalized costs.
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First Published: Tue, Jul 14 2009. 08 21 PM IST