Revenue from operations rose 22% to Rs 957 crore, up from Rs 783 crore in the year-ago period.
At the operating level, EBITDA grew 56.3% to Rs 150 crore, compared to Rs 96 crore a year earlier. The EBITDA margin improved to 15.6%, from 12.2% in the corresponding period last year.
The company also announced that its board has accepted the resignation of Subhra Gourisaria from the role of Chief Financial Officer, effective July 24, 2025. She is set to join another Tata Group company.
Based on the recommendations of the Audit Committee and the Nomination and Remuneration Committee, the board has appointed Bhaskar Swaminathan as the new Chief Financial Officer, effective August 7, 2025.
Bhaskar Swaminathan is a seasoned Chartered Accountant with nearly 30 years of extensive post-qualification experience across diverse industries. He currently serves as the Business Finance Head – India at Tata Chemicals Ltd., a role he has held since 2020.Also Read: SBI, HDFC Bank among 10 banking stocks in Antique’s top picks that may rally up to 50%
Rallis India Shares: Target Price
According to Trendlyne data, the average target price for Rallis India shares is Rs 238, indicating a potential downside of 33% from current levels. Among the 14 analysts covering the stock, the consensus rating is ‘Sell’.
Rallis India Share Performance
Rallis India shares have rallied 63% over the past three months and are up 80% over the past three years. The company’s current market capitalization stands at Rs 6,880 crore.
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