The company is currently impacted by external operating environment, and the overhang is likely to continue in the near term.
Speaking on Rallis India's robust Q3 performance its MD & CEO V Shankar said the company has been able to cross the profit numbers of the last year in the first 9 months itself.
Rallis India‘s MD and CEO Veeramani Shankar said, “Our profit from operations has risen by 36 percent and one of the good things is we have continued our focus on working capital and cash management, which has reduced our interest cost by almost 35 percent.â€