Tata Group’s Rallis India Ltd., a major player in agrochemical manufacturing and agricultural input solutions, saw its stock rise nearly 16% following a remarkable 104% quarter-on-quarter increase in net profit for Q2 FY25.

Stock Performance: Rallis India’s market capitalization now stands at Rs. 7,113.67 crores. The stock hit an intraday high of Rs. 373.70, reflecting a 15.72% jump from its previous closing price of Rs. 322.50.

Key Drivers: In its exchange filings, Rallis India reported a year-on-year net profit growth of 19.51% for Q2 FY25, amounting to Rs. 98 crore, up from Rs. 82 crore in Q2 FY24. On a quarter-on-quarter basis, net profit surged by 104%, rising from Rs. 48 crore in Q1 FY25.

The company's revenue from operations also grew, increasing by 11.53% year-on-year to Rs. 928 crore from Rs. 832 crore in Q2 FY24. Sequentially, revenue rose by 18.51% from Rs. 783 crore in Q1 FY25. The company reported a 7% growth in its crop care segment and a significant 48% rise in its seeds business compared to Q2 FY24.

For the first half of FY25, Rallis India posted a 6% revenue growth, reaching Rs. 1,711 crore, compared to Rs. 1,614 crore in H1 FY24. Net profit for the first half showed a slight increase of 0.68%, reaching Rs. 146 crore compared to Rs. 145 crore in the previous year.

About Rallis India: Rallis India Ltd., a Tata Group company, is a leading provider of agricultural inputs, offering a range of products including pesticides, fungicides, insecticides, seeds, and plant growth nutrients.

With a vast distribution network of over 6,000 dealers and 70,000 retailers, Rallis India serves farmers in 80% of India’s districts and exports to over 58 countries. The company operates 14 crop care manufacturing facilities, including nine third-party units, three seed processing plants, and two innovation centers. Approximately 60% of its revenue comes from international markets, with the remaining 40% from domestic sales.