Agri-solutions provider Rallis India Ltd on Tuesday (January 20) announced its third-quarter results, revealing a significant drop in net profit to ₹2 crore, a decrease of 81.8% from ₹11 crore in the same quarter last year.
In Q3, revenue rose by 19.3% to ₹623 crore, up from ₹522 crore in the corresponding period of the previous year. EBITDA for the quarter surged by 31.8% to ₹58 crore, compared to ₹44 crore in Q3FY25, with the EBITDA margin increasing to 9.3% from 8.4% year-over-year.
Profit before tax (PBT) before exceptional items reached ₹36 crore in Q3 FY26, up from ₹19 crore a year prior. The quarter included exceptional items related to an additional gratuity provision due to the implementation of the wage code.
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For the nine months ending December 31, 2025, Rallis reported a revenue of ₹2,441 crore, indicating a 9% increase over the previous year. EBITDA grew by 18% to ₹362 crore, bolstered by improved gross contributions and operational efficiencies. PBT after exceptional items for this nine-month period was ₹267 crore, rising from ₹227 crore last year. PAT increased by 26% to ₹199 crore.
In Q3FY26, Rallis India’s operational performance was buoyed by strong volume growth across all divisions. The crop care sector saw healthy expansion, driven by heightened field activities, enhanced customer interactions, and strong demand for essential products.
The seeds segment exhibited strong growth during the quarter, fueled by improved volume performance and advantageous seasonal demand. The B2B business also posted significant volume increases, driven by sustained customer engagement and momentum in key accounts.
Also Read: Rallis India Q4 | Company clocks ₹2,663 crore in revenue, declares dividend of ₹2.5 per share
Throughout the nine-month period, the crop care segment maintained steady growth, aided by volume increases and an enhanced product mix. The B2B segment experienced ongoing growth, benefiting from volume-led expansion and selective price adjustments.
During the quarter, the company successfully launched a new herbicide, Fateh Nxt™, while strengthening its innovation pipeline. A three-way herbicide combination for wheat received an Indian patent, and a Mesotrione process patent was granted in the US, underscoring Rallis India’s commitment to innovation and intellectual property.
Dr. Gyanendra Shukla, Managing Director and CEO of Rallis India Limited, stated, “Q3 demonstrated volume-driven growth across our businesses, supported by dedicated execution, strong customer engagement, and disciplined cost management. Although demand was moderate with seasonal fluctuations, we continued to enhance our product portfolio, digital engagement, and innovation pipeline. Our focus remains on improving sales quality, driving volume growth, and preparing vigorously for upcoming seasons with new product launches and market activation strategies.”
Shares of Rallis India Ltd closed at ₹229.75, down by ₹10.55, or 4.39%, on the BSE today, January 20.
