Rallis India falls on weak demand for agrochemicals

Rallis India

21/07/2026 07:02

** Shares of Rallis India RALL.NS fall 3.68% to 231.11 rupees 
** Agrochemicals maker reported 31.6% y/y rise in Q1 net profit to 1.25 billion rupees ($12.98 million) while revenue jumped 6.8% y/y
** HSBC says reported profit was boosted by a 350 million rupee cost reversal, with adjusted earnings largely in line with estimates
** Adds overall demand remained subdued due to delayed sowing, heatwave and lower cotton acreage despite strong domestic B2C growth
** Axis Capital says delayed kharif sowing, crop shifts and lower cotton acreage continue to weigh on demand despite strong domestic B2C growth
** YTD stock down 17.52%


($1 = 96.3150 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)
 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))