Latest news with #SubhraGourisaria
Economic Times
5 days ago
- Business
- Economic Times
Rallis India shares zoom 7%, hit 52-week high as Q1 profit surges 98% YoY on strong revenue, margin expansion
Shares of Rallis India zoomed 6.8% to hit their 52-week high at Rs 378.20 on the BSE on Tuesday after the company reported a 98% year-on-year (YoY) jump in net profit to Rs 95 crore for the quarter ended June 30, 2025, compared with Rs 48 crore in the same quarter last year. ADVERTISEMENT Revenue from operations rose 22% to Rs 957 crore, up from Rs 783 crore in the year-ago period. At the operating level, EBITDA grew 56.3% to Rs 150 crore, compared to Rs 96 crore a year earlier. The EBITDA margin improved to 15.6%, from 12.2% in the corresponding period last year. The company also announced that its board has accepted the resignation of Subhra Gourisaria from the role of Chief Financial Officer, effective July 24, 2025. She is set to join another Tata Group on the recommendations of the Audit Committee and the Nomination and Remuneration Committee, the board has appointed Bhaskar Swaminathan as the new Chief Financial Officer, effective August 7, 2025. Bhaskar Swaminathan is a seasoned Chartered Accountant with nearly 30 years of extensive post-qualification experience across diverse industries. He currently serves as the Business Finance Head – India at Tata Chemicals Ltd., a role he has held since 2020. ADVERTISEMENT Also Read: SBI, HDFC Bank among 10 banking stocks in Antique's top picks that may rally up to 50% According to Trendlyne data, the average target price for Rallis India shares is Rs 238, indicating a potential downside of 33% from current levels. Among the 14 analysts covering the stock, the consensus rating is 'Sell'. ADVERTISEMENT Rallis India shares have rallied 63% over the past three months and are up 80% over the past three years. The company's current market capitalization stands at Rs 6,880 crore. ADVERTISEMENT Also Read: Brokerages initiate coverage on Delhivery, 7 other stocks; up to 33% upside seen (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
5 days ago
- Business
- Time of India
Rallis India shares in focus after Q1 profit soars 98% in Q1, driven by revenue and margin boost
Rallis India shares will be in focus on Tuesday after the company reported a 98% year-on-year (YoY) jump in net profit to Rs 95 crore for the quarter ended June 30, 2025, compared to Rs 48 crore in the same quarter last year. Revenue from operations rose 22% to Rs 957 crore, up from Rs 783 crore in the year-ago period. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo At the operating level, EBITDA grew 56.3% to Rs 150 crore, compared to Rs 96 crore a year earlier. The EBITDA margin improved to 15.6%, from 12.2% in the corresponding period last year. The company also announced that its board has accepted the resignation of Subhra Gourisaria from the role of Chief Financial Officer, effective July 24, 2025. She is set to join another Tata Group company. Based on the recommendations of the Audit Committee and the Nomination and Remuneration Committee, the board has appointed Bhaskar Swaminathan as the new Chief Financial Officer, effective August 7, 2025. Live Events Bhaskar Swaminathan is a seasoned Chartered Accountant with nearly 30 years of extensive post-qualification experience across diverse industries. He currently serves as the Business Finance Head – India at Tata Chemicals Ltd., a role he has held since 2020. Also Read: SBI, HDFC Bank among 10 banking stocks in Antique's top picks that may rally up to 50% Rallis India Shares: Target Price According to Trendlyne data, the average target price for Rallis India shares is Rs 238, indicating a potential downside of 33% from current levels. Among the 14 analysts covering the stock, the consensus rating is 'Sell'. Rallis India Share Performance Rallis India shares have rallied 63% over the past three months and are up 80% over the past three years. The company's current market capitalization stands at Rs 6,880 crore. Also Read: Brokerages initiate coverage on Delhivery, 7 other stocks; up to 33% upside seen ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
