Rallis India's Q2 FY25 financials show growth and efficiency, but dividend per share decreases

Oct 15 2024 08:45 PM IST
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Rallis India's financial performance in the quarter ending Sep 2024 has been positive, with growth in key areas such as operating cash flow, net sales, operating profit, and profit after tax. However, there is a decrease in dividend per share and concerns about the sustainability of non-operating income. MarketsMojo has given a 'Hold' call for the company's stock.

Overall, Rallis India has shown positive financial performance in the quarter ending Sep 2024. The company has seen growth in key areas such as operating cash flow, net sales, operating profit, and profit after tax. This has led to an improvement in the company’s efficiency and profitability. However, the company’s dividend per share has decreased and there is a concern about the sustainability of non-operating income. Based on these factors, MarketsMOJO has given a ‘Hold’ call for Rallis India’s stock. Investors should keep an eye on the company’s future financial performance to make informed decisions.

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