Rallis India reported a 31% rise in net profit for the first quarter of fiscal year 2026, reaching ₹125 crore compared to ₹95 crore in the same period last year. Revenue increased 7% to ₹1,022 crore from ₹957 crore, driven by double-digit growth in domestic formulation, according to the company. EBITDA grew 23% to ₹184 crore from ₹150 crore.
Financial Highlights
The company posted the following key financial metrics for the quarter ended June 2026:
| Metric | Q1 FY2026 | Q1 FY2025 | Change |
|---|---|---|---|
| Net Profit | ₹125 crore | ₹95 crore | +31% |
| Revenue | ₹1,022 crore | ₹957 crore | +7% |
| EBITDA | ₹184 crore | ₹150 crore | +23% |
Segment Performance
Rallis India operates through three primary business segments. The Crop Care business posted revenue of ₹697 crore, registering a 7% year-on-year (y-o-y) growth. Within this segment, the B2C division saw robust 19% growth, partially offset by a 19% decline in the B2B segment. The Soil & Plant Health (SPH) segment delivered a 10% y-o-y increase, supported by focused portfolio management, prudent pricing actions, and continued contributions from biostimulants, biofertilizers, and organic products. The Seeds business reported revenue of ₹325 crore, a 6% y-o-y gain, driven by strategic product placements and pre-season initiatives.
Product Launches
During the quarter, Rallis India strengthened its product portfolio with several new introductions. In the Crop Care segment, the company launched three new products:
- Balwan (Herbicide)
- Prodim Ultra (Herbicide)
- Kengen (Insecticide)
Strategic product placements, targeted field programs, and focused liquidation initiatives further supported business performance.
In the Seeds business, the company launched nine new products across cotton, paddy, and millet crops, including:
- Two new cotton hybrids for North India
- A Herbicide Tolerant Direct Seed Rice product under the Dhaanya brand
Additionally, the SPH segment commercially launched Aquafert for ginger and turmeric, further strengthening its portfolio.
Management Commentary
Gyanendra Shukla, Managing Director & CEO of Rallis India Limited, commented on the results:
"During the quarter, we continued to strengthen our product portfolio through new product introductions across businesses while driving improved profitability through disciplined pricing actions and cost optimisation initiatives. We remain committed to delivering differentiated solutions that address the evolving needs of Indian agriculture through continued investments in innovation, customer-centricity and operational excellence."
The company's disciplined approach and focus on innovation underscore its position in the Indian agrochemical market, with a diversified product range catering to both crop protection and seed segments. The performance reflects robust demand in domestic formulation and strategic expansion across product lines.
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