Rallis India Q2 FY27 Net Profit Declines To ₹85 Crore Amid Challenging Environment; H1 PAT Rises 6%

Mumbai: On October 22, 2026, Rallis India Limited disclosed a 16.66 percent decline in net profit for the second quarter ended September 30, 2026, to ₹85 crore, down from ₹102 crore in the corresponding period last year. The company's revenue for the same quarter decreased marginally to ₹858 crore from ₹861 crore in Q2 FY26.

In the half-year period ending September 2026, Rallis India's revenue rose to ₹1,880 crore, up from ₹1,818 crore in H1 FY26. The net profit for the same period increased by 6.59 percent to ₹210 crore, compared to ₹197 crore in H1 FY26.

Marathon Nextgen Realty reported a net profit of ₹45 crore in Q2 FY27, with pre-sales surging 79 percent, driven by heightened demand in the residential sector. The enterprise's EBITDA margin for Q2 FY27 was 14.7 percent, a drop from 16.5 percent in the prior quarter, while the PAT margin remained steady at 9.9 percent.

Rallis India's Crop Care business experienced a 4 percent growth in Q2 FY27, fueled by a 17 percent increase in the B2B segment and a 16 percent growth in domestic herbicides. The Soil & Plant Health division witnessed a 22 percent growth, largely due to price hikes. The company introduced four new products in the Crop Care category during the quarter: Silentra (Insecticide), Marcellus (Fungicide), Blitox Super (Fungicide), and Trynage (Herbicide), all aimed at tackling key crop-pest issues.

Nuvoco Vistas reported a 78 percent increase in PAT in Q2 FY27, alongside plans for a new grinding unit in Surat. The Seeds business faced a decline due to post-Kharif season returns. Gyanendra Shukla, Rallis India's Managing Director and CEO, acknowledged the challenging business environment, citing weather disruptions and delayed sowing impacting market demand.