Rallis India Q3 Profit Plunges 81% Despite Revenue Jump; Shares Under Pressure

• Rallis India, a Tata Group agri-solutions company, reported an 81.8% year-on-year net profit decline to Rs 2 crore in Q3 FY26.
• Despite the profit drop, the company's revenue grew by 19.3% to Rs 623 crore, and EBITDA increased by 31.8% to Rs 58 crore.
• The significant profit decline was primarily due to an exceptional item: an additional gratuity provision for wage code implementation.
• All business segments, including Crop Care, Seeds, and B2B, showed strong volume traction and growth in Q3 FY26.
• Rallis India launched a new herbicide, Fateh Nxt™, and secured patents, highlighting its focus on innovation and product portfolio strengthening.

Why It Matters: Rallis India's Q3 profit fell sharply due to a one-time provision, but revenue and EBITDA saw strong growth.