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Rallis India Q3 FY20 – Tide has turned, but pricing is a sticking point

The stable quarterly numbers came on the back of a healthy top line growth, positive farm sentiment and new product launches

January 22, 2020 / 03:27 PM IST

Highlights

After consecutive quarters of softness, leading crop care company Rallis India saw a turnaround in fortunes in the December 2019 quarter on the back of a healthy top line growth, positive farm sentiment and new product launches.

Both domestic and international markets gained traction. With fresh capacity addition, we expect growth in top line for the Tata group company in coming quarters. However, pricing pressure is expected to stay for its various product categories in the local market.