New Delhi, Jan 23 (PTI) Shares of agriculture solutionsfirm Rallis India today tumbled over 7 per cent after thecompany reported a drop in consolidated net profit at Rs 24.94crore for the December quarter.
The stock plunged 7.10 per cent to end at Rs 251.90onBSE. Intra-day, it tanked 7.70 per cent to Rs 250.25.
On NSE, shares of the company dropped 6.82 per cent toclose at Rs 252.45.
The Tata Group firm had clocked a net profit of Rs 25.34crore in the same quarter of the last fiscal.
Net income jumped to Rs 393.86 crore during the October-December period of the current fiscal from Rs 352.19 crore inthe year-ago quarter, the company said in a BSE filingyesterday. PTI SUMSBT.
This is unedited, unformatted feed from the Press Trust of India wire.