O

RALLIS INDIA LIMITED

'-r .oor 5hir.r.,r ,,ir!! polNc6: ! .r.r"r CBDEeapur \.! l'l!mba .10C51.j
re 9,jti i;::.r!.::6ir6- .rra pTehe.holrl ra rs.or
(orporate dentiry \o 116992\1H I948P1C0 t.1081

Mrs P5 Meherhom.ii
aorpany SecrIar!

24th April,2olT

The General Manager Asst. Vice President

Corporate Relationship Dept. National Stock Exchange of lndia Ltd.
BSE Limited Exchange Plaza, 5th Floor
Phiroze Jeejeebhoy Towers Plot No. C/1, G Block
Dalal Street Bandra - Kurla Complex
Mumbai 400 001 Bandra (E), Mumbai 400 051

Dear Sir,

We are enclosing the Audited Financial Results (Standalone and Consolidated) of the
Company for the year ended 31't March, 2017 along with the Audit Report.

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulation, 2015 (as amended), read with SEBI Circular CIR/CFD/CMD/56/2016 dated 27th
May, 2015, on "Disclosure of the lmpact of Audit Qualifications by the Listed Entities" we would
like to confirm that Deloitte Haskins and Sells LLP, Statutory Auditors of the Company, have
issued Audit Reports with unmodified opinion on the Standalone and Consolidated Financial
Statement.

The Meeting of the Board of Directors held today commenced at 2.15 p.m. and
concluded at 5.45 p.m.

Thanking you,

Yours faithfully

(P. S. MEHERHOMJI)

O;ice ;6 -ir Irtt;ccr \.r.r.n3n;'-an 2:ri\:.r'JnFoft l'1!nb' r'!'ll'l

Te 9l .'2 665t l70l Far 9l l.l 666; 28'17 r.ecs te .; ','4 I. s co n

A ?AIA EnterPrise
Deloitte
Hasklns&Selis LLP Chartered Accountants
ind,abu s Finance Centre
Tower 3.27th 32nd FIoor
Senapat Bapat Marg
Elphinstone Road o eSt)
Mumbai 400013
Maharashtra lndia

Tel+91(022)6185
FaxI+91(022)61854501/4601
",

INDEPENDENT AUDITOR'S REPORT

TO THE BOARD OF DERECTORS OF
RALLIS INDIA L=MrrED

1 we have audited the accompanying statement of standalone Financial Results of

RALLIS INDIA LIMITED (the "Company") for the year ended March 31, 2017 (the
"Statement"), being submitted by the Company pursuant to the requiremeni of
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as modified by Circutar No. CIR/CFD/FAC/62/ZOL6 OjteO :uty S,
2016.

This Statement, which is the responsibility of the Company,s Management and

approved by the Board of Directors, has been compiled from the related standalone
Ind AS financial statements which has been prepared in accordance with the Indian
Accounting standards prescribed under section 133 of the companies Act, 2013 read
with relevant rules issued thereunder ('Ind As') and other accounting principles
generally accepted in India. Our responsibility is to express an opinion on the
Statement based on our audit of such standalone financial statements.

2 We conducted our audit in accordance with the Standards on Auditing issued by the
Institute of Chartered Accountants of India. Those Standards require that we comply
with ethical requirements and plan and perform the audit to obtain reasonable
assurance about whether the Statement is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts
and the disclosures in the Statement. The procedures selected depend on the
audito/s judgment, including the assessment of the risks of material misstatement of
the Statement, whether due to fraud or error. In making those risk assessments, the
auditor considers internal control relevant to the Company,s preparation and fair
presentation of the Statement in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on
the effectiveness of the Company's internal control. An audit also includes
evaluating the appropriateness of the accounting policies used and the
reasonableness of the accounting estimates made by the Management, as well as
evaluating the overall presentation of the Statement.

We believe that the audit evidence obtained by us is sumcient and appropriate to

provide a basis for our audit opinion.

3 In our opinion and to the best of our information and according to the explanations
given to us the Statement:

(i) is presented in accordance with the requirements of Regulation 33 of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015, as
modified by Circular No. CIP/CFD/FAC /62/20L6 dated Juty 5, 2016; and

Regd Office I2 Dr Annre Besint Road. Opp. Sh v Sa8ar Estate. Wor i. Mumbar 400 018, lnd a (LLP dentrflcaron No AAB 8737)
 tte
Haskins&Se1ls LLP

(ii) gives a true and fair view in conformity with the aforesaid Indian Accounting
Standards and other accounting principles generally accepted in India of the
net profit and total comprehensive income and other financial information of
the Company for the year ended March 31,2017.

4. The Statement includes the results for the Quarter ended March 31,2077 being the
balancing figure between audited figures in respect of the full financial year and the
published year to date figures up to the third quarter of the current financial year
which were subject to limited review by us.

For DELOITTE HASKINS&SELLS LLP

Chartered Accountants
(Firm s Registration No l17366W/W-100018)

Sanjiv V P gaonkar
Partner
(Membership No 039826)
MUM BAI ar April 2017
 0
RALLIS INDIA LiMITED
CorpOrate ldentity No L36992MH1948PLC014083

V Shankar

13 = i [ 1
=3

RALLiS IND:A LIM ED

A TATA E nterprise
Re81Stered Ofnce:156 157,lSth F!oor Na man Bhavan,227 Nariman Point,Mumbai400 021
PART LSTANDALONE FINANC;AL RESuLTS FOR THE QUARTER UNAuD:TED)AND YEAR ENDED 31 MARCH,2017(AUD:TED}

T r in cr)

Quarter ended Quarter ended Quarter ended Vi]:::::d 1 11]

ParticulaIs 31 March, 31 Decembe 31 March :l:ld
2017 2016 2016

Unaudited Unaudited
unaudited Audted Audited
(Refer note 9l (Refer note 9l

34622 32963 34515 1,50517 1 38672

365 225 093 1051 466
349.87 33188 34608 1,51568 1,39138

12337 17388 8816 65015 61817

Purchase of stOck in trade
161 2753 239 12484 12130

Changesin inventories of inished goOds,wo k in

prOgress and stOck trade
in
6197 (3892) 10516 3514
Excise duty on sale oF gOOds 1244)
1856 2066 1840 10468 9868

Ernplovee benents expense 2819 2851 2702 11401 10245

Finance cOsts
044 052 187 267 792

DepreciatiOn and amortisation expense 1061 1055 472 4194 3783

Other expenses 6198 6869 5443 24132 24231
TOTAL EXPENSES 4 alT0 4(h} 30673 291.42 302.15 1,31475 1,22622
PROF:T {LOSS BEFORE EXCCPT:ONAL:TEMS AND TAX
4314 4046 43.93 20093 16516
(3 4)

Exceplonal tems{refer nOte 6)

15839

PROF:T/ LOSS BEFORE TAX(5+6} 4314 40_46 4393 35932 16516

Tax expenses 1092 649 1110 9329 3902

NET PROF:T { SS)FOR THE PER:OD(7 8) 3222 3397 3283 26603 12614

utner Lomprehensave lncome (net of taxes) 096 048

(018) {047) 032

IOTAL COMpREHENSTVE TNCOME (9 + 10) 3318 3379 33.31 26556 12646

Paid up equity share capital 1945 1945 1945 1945 1945

[Face value ( 1 per share)

IotalReserves
1,105.95 898.90
Basic and diluted ea.nings per share (in O 166 175 169 1368 649
see accompanying notes to the financial resuJts

:= : . 1 = : __ 3 3
= :
__ 1 '= 11=`E51,: . . 1 5), 8 :[C iD i=
=`
A TATA EnterPrSe

RALL:SiND:A LIMITED
Corporateldentity No L36992MH1948PLC01 4083

in 0
PARTI::STANOALONE AuDrED BAIANCI SHE AS AT 31 MARCH,2017
As at As at fu.t
Paniculaas 31 March, 31 March, 1Ap.il,
2017 2016 2015
Audited Audited Audited
ASSErs
I{on-<uarcnt a3sats
a)Property,plant and equipment 32894 33283 31235
b)Capital work in protress 1196 1304 772
c)lntanBible assets 593 930 1304
d)lntantible assets under development 1114 1092 666
e)Financialassets
i)lnvestments 32446 30497 23162
ii)Other fi nancral assets 434 461 386
f)Current tar assets (Neo 6429 6801 7825
g)Other non-curent assets 5112 6539 6618
Totel non<lrcnt a3sats 80218 8090 71968

Current assats
a)lnventories 24449 27659
b)Financialassets
i)hvestments 20957
ii)Trade receivables 22584 18279 22423
iii)Cash and cash equivalents 393 262 099
iv)Bank Ealances other than (iii) above 320 335 410
v)Orher financial assets 074 059 199
clothe.cufient assts 5503 516 4407
74280 49852 55197

fusets classified as held for sale 576 237

Tota!curent assets 74856 5 89

Tota:attts 1.55074 1, 96 1,27165

EQunV ANO uAB!Lrr ES

Equltv
a)Equity share capta 1945 1945 1945
b)Other equ ty 1,10595 89890 80742
Total equ 1,12540 91835 82687

uab ies
Iloncurrent ablllties

alttnandJ habLles Long term borrowings 2117 210 1945

b)PrOViS Ons 1764 1663 1805
c)Deferred tax abilities(Net) 4982 3579 3252
Tcta:nOn current ab ities 8863 7349 7002

Curent abllltles
a)Financial labi ties

ShOrt term bor Owings 010 208

ii)Trade and other pavab!es 22950 19144 20S23
i)Other nnancia ablit es 6656 8531 7539
ns
b)prOVi 917 819 747
C)Cu rent tax"ab itv(Netl 390 611 1552
d)Other current liabilities 2748 2499 2838
Tota:curent:labulties 33671 31812 37476
Tota!"abi:ities 42534 44478
Tcta:equ tv and!labl!ities 1,S"74 1, 96 1,27165

'56 I;7 Na'n"anBhalan lrthtoor 2liNarmanPonl l"lumbat400l)l
Tp 9l 22 6665 2100 Far 9r )) ta65a )A1l !!ebs te e,1!,!.ra I s.o n
A TAIA Enterprire

RALLIS INDIA LIMITED
Corporate ldentity No. 136992M H 1948p LCOr 4083

Notes :

The above resuls were reviewed by the Audit Committee, and

approved by the Board of Directors at its meeting held on 24
April,20t7.
The company adopted lndian Accountin8 standards ("lnd As-) from
l Apdt, 2016 and accordingly these financral results have
been prepared in accordance with the recognition and mea5urement principles
stated therein, prescribed under section 133
of the companies Act, 2013 read with the relevant rules irsued thereunder
and the other accounting principles generally
accepted in lndia. Financial results for all the periods presented have
been prepared in accordance with the recoSnition and
hea5urement principles of tnd AS.
The company's business is seasonal in nature and the performance
can be impacted by weather conditions and cropping
pattern.
The Company has one reportable business segment viz. ,Agri.lnputs,,.

Du'in8 the year, the company acquired the balance 19,421 shares
of {
1ol- each of zero waste ASro organics Limited
(zwAoL) for a consideration of ? 19.49 cr. As a resurt, zwAoL has
become a wholy owned subsidiary of the company.
Exceptional item (as disclosed in the column 'Year ended 31 March,
2017") comprises profit on assignment of leasehold
ri8hts to a plot of land in the MlDc area, Turbhe, Navi Mumbai. The profit
is net of costi rncluding a premium levied, under
the repealed Urban Land (CeilinS and Regulation)Act, 1976 which has
been paid under protest.

Reconciliationbetween standalone financial results and equity, as previously reponed in

accordance with the Accounting
Standards framework (referred to as ,AS,) and lnd AS for the quarter/ year
ended presented are as under:

in cr
Total Comprehenslve lncohe Reconcillation

Quarter ended Vear ending

31 March, 31 March
2016 2016

Profit afte. tax ai ,eported under A5

3040 12602
1. Diflerence on account of revenue recognition net of related costs
449 062
2. Other adjustments (net)
(002) (002)
3. lncome tax adjustments on the above adjustments
{156} (016)
4. Actuarial (tain)/loss on emptoyee defined tlenefit plans recognrsed
(048) (032}
in Other Comprehensive lncome (net of taxes)
I{et proftt atter tar as pe. lnd AS
3283 12614
Other Comprehensive lncome (net of taxes)
048 032
fotal ComDrehensive lnaome as Der Ind AS
12646

Equity Reconclllation As at As at

31 March, l AprlL

2016 2015
Equnv under Pre ous cAAP

86546
1 0,vidend and tax on dividend

5851
2 Dierence On accOunt Of revenue recognit10n net of related
(563)
3 0th : dlustments
uity under hd AS
3268
Amount ir less than < 0.01crore

The Board ot oirecto.s at its meetinB herd on 24 Aprir, 2017 has recommended a divrdend
of < 2.50 per equity share. The
Board has also recommended a one_time speciar dividend of { 1.25 per equity share,
out of the profit on assitnment of
leasehold rithts in the Turbhe land.

I
lt"

156 157 N r nlan B18,3n 15:h Floo 227 11arlmar POI t l un b31400021

el'1 2,6665 27oo F3x 91 22 666S 2347 1 ebste l =t,
a Is(ol

A' TA Enterprise
 O
RALL:SINDIA LiMITED
Corporateldentity No L36992MH1948PLC014083

The figures for quaner ended 31 March 2017 and 31 March 2016, are the balancin8 fi8ures between audited fiBures
respect ofthe full financialyear and the published year to date fi8ures upto nine months ofthe relevant financialyear.

!n term5 0(Our repOrt a ched For and on beh.lf ol

For DELO :LH SKINS a SEuS LLP Rallis lndla Limited

Partner ManaBInB Dlrecto, & CEO
MumbaL 24 Ap 2017

it : 3498n313 a 5[ loo 22 d ar P I [ lu D3140 121

T, 1 2266652 00 '3X'1 2'3 652847 1.eos ie,I , 8 ls 1)]
A TATA Enterprise
 Deloitte
Haskins LSe s LLP Chartered Accountants
lndiabu s Finance Centre.
Tower 3,27th 32nd Floo
Senapati Bapat Marg
Elphinstone Road lWest).

INDEPENDENT AUDrrORS'REPORT Mumbai 400013

Maharashtra lndia
TO THE BOARD OF DIRECTORS OF
RALLIS INDEA LIM FED Te:+912261854000
Fax:+91 2261854101

1. We have audited the accompanying Statement of Consolidated Financial Results of

RALLIS INDIA LIIIITED (the "Parent") and its subsidiaries (the Parent and its
subsidiaries together referred to as the'Group") for the year ended March 3L, 2OL7
(the "Statement"), being submitted by the Parent pursuant to the requirement of
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as modified by circular No. CIR/CFD/FAC|62{2OL6 dated July 5,
2015.

This Statement, which is the responsibility of the Parent's Management and approved
by the Board of Directors, has been compiled from the related consolidated financial
statements which has been prepared in accordance with the Indian Accounting
Standards prescribed under Section 133 of the Companies Act, 2013, read with
relevant rules issued thereunder ("Ind AS") and other accounting principles generally
accepted in India. Our responsibility is to express an opinion on the Statement based
on our audit of such consolidated financial statements.

2. We conducted our audit in accordance with the Standards on Auditing issued by the
Institute of Chartered Accountants of India. Those Standards require that we comply
with ethical requirements and plan and perform the audit to obtain reasonable
assurance about whether the Statement is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts
and the disclosures in the Statement. The procedures selected depend on the auditor's
judgment, including the assessment of the risks of material misstatement of the
Statement, whether due to fraud or error. In making those risk assessments, the
auditor considers internal control relevant to the Parent's preparation and fair
presentation of the Statement in order to design audit procedures that are appropriate
in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the Parent's internal control, An audit also includes evaluating the
appropriateness of the accounting policies used and the reasonableness of the
accounting estimates made by the Management, as well as evaluating the overall
presentation of the Statement.

We believe that the audit evidence obtained by us and the audit evidence obtained
by the other auditors in terms of their reports referred to in paragraph 4 below, is
sufficient and appropriate to provide a basis for our audit opinion.

3. In our opinion and to the best of our information and according to the explanations
given to us, and based on the consideration of the reports of the other auditors on
separate financial statements and the other financial information of subsidiaries
referred to in paragraph 4 below, the Statement:

a. includes the results of the following entities: Annexure A;

b. is presented in accordance with the requirements of SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015, as modified by Circular No.
CIRICFO/FAC/6212OL6 dated July 5, 2016; and
I

Regd. Offlce: T 2, Dr. Annre Besant Road, Opp. Shiv Sagar Estate, Worli, Mumbai 400 0'18, lndia.(LLP dentification No MB'8737)
Deloitte
Haskins&Selis LLP

c. gives a true and fair view in conformity with the aforesaid Indian Accounting
Standards and other accounting principles generally accepted in India of the net
profit, total comprehensive income and other financial information of the Group for
the year ended March 31, 2017 .

4 We did not audit the financial statements of two subsidiaries included in the consolidated
financial results, whose financial statements reflect total assets of t 13.78 crore as at
March 31, 2017, total revenues of t 0.70 crore, total net profit after tax of t 0.36 crore
and total comprehensive income of ( 0.36 crore for the year ended on that date, as
considered in the consolidated financial results. These financial statements have been
audited by other auditors whose reports have been furnished to us by the Management
and our opinion on the consolidated financial results, in so far as it relates to the
amounts and disclosures included in respect of these subsidiaries, is based solely
on the reports of the other auditors.

Our opinion on the Statement is not modified in respect of the above matters with
respect to our reliance on the work done and the reports of other auditors.

5. The Statement includes the results for the quarter ended March 3L, 2Ol7 being the
balancing figure between audited figures in respect of the full financial year and the
published year to date figures up to the third quarter of the current financial year which
were subject to limited review by us.

6. The comparative financial information for the quarter and year ended March 31, 2016
in respect of two subsidiaries, included in this Statement prepared in accordance with
the Ind AS have been audited by other auditors and have been relied upon by us'

Our report is not qualified in respect of these matters.

For DEL01:lE HASKINS&SELLS LLP

Chartered Accountants
(Firm's Registration No l17366W/W 100018)

Sanjiv V P gaOnkar
Partner
(Membership No.039826)

MUMBAI Z April,2017
Deloitte
Haskins a Selis LLP

Annexure A

Sr.No. Name of ComDanY TYDe of ComDanv

Ra is lndia Linlited Holdinq Comoanv
2 Metahelix Life Sciences Limited Subsidiary ComDanv
3. Zero Waste Aoro Oroanics Limited Subsidiarv Comoanv
4 Ra is Chemistry ExpOrts Lirnited Subsidiarv ComDanv
5 PT Metahelix Lifesciences Indonesia Subsidiarv Comoanv

 O
RALLiS INDIA LIMITED
Corporate ldentity No L36992MH1948PLC01 4083

V Shankar
i =: _ _ tF

RALLIS IND:A LIMITED

A TATA EnterpriSe
Registered Ofnce:156 157,lSth FI r Nanman Bhavan,227 Narlman Point,Mumbai400 021
PARTl:CONSOL:DATEO FINANC:AL RESuLTS FOR THE QUARTER(UNAUD:TED)ANO YEAR CNDED 3
MARCH.2017(AUDrED}
( in cr)

Quarter ended Quarter ended Vear ended Year ended

Quarter ended
31 March 31 December. 31 March, 31 March, 31 March,
2017 2016 2016 2017 2016
Paniculars
Unaudited Unaudhed Unaudited Audted Alldited

(Refer note 9) (Refer note 9)

36668 35202 37059 1.78298 1,62779
1 levenue from operations
450 258 908 1279 1428
2 )ther income
35460 37967 1,79577 1,64207
3 'OTAL INCOME (1+2)
4 IXPENSES
18153 12349 81097 618
:ost of materials consumed 18129
061 2553 096 10996 9800
b) )urchase of stock.in-trade
2822 (3978} 9869 2949 (1553)
:hanges in inventories of finished goods. work
)rogress and stock'in'trade 9868
1856 2066 1840 10468
:xcise duty on sale of goods 13262
3593 3671 3433 14640
:mployee benefits exPense 729 1359
rinance costs 262 123 302
0 565 4731 4361
1199 1187
)epreciation and amortisation expense 30881
6044 8502 4957 31811
ther expenses
32277 33411 1,57421 1,45596
rOTAL EXPENSES 41a)to 4{h) 33966
3183 4556 22156 1861
5 PROFiT BEFORE EXCEP ONAL:TEMS AND TAX
4)
15839
6 ExcepuOnal tems irefer note 6)
3152 3183 4556 37995 18611
PROF:T BEFORE TAX 15+6) 3902
051 649 1110 8288
8 Tax expenses 14709
3101 2534 34 46 29707
9 NET PROF FOR THE PER:0 7 8

Attributable to: 29746 14339

3112 2543 3464
Shareholders of the comPanY 370
(011) (009) (018) (039)
Non Controlling Interest 010
104 1013) 048 {051)
ot-her incom (net of taxesl
2521 34 94 29656 4719
"omptehenslre 3205
TOTAL COMPREHENSIVE |iICOME (9 + 101
Anributable to: 29695 14353
3216 2530 3512
Shareholders of the ComPanY 366
(009 {018) (039)
{011)
Non Controlling lnterest
Paid up equitY share (aPhal 1945 1945
1945 1945 1945
(Face value ( 1 per share) 87273
1,09215
Total ReterYes
131 178 1530 737
14 Basic and diluted earnings per share (in <)
1
5e accompanYlnt notes to the financial resuhs

J i,
'

A TATA Enterprse

RALLiS iNDiA L:MiTED
CorPorateldentity No L36992MH1 948PLC014083
in cr.
PART :coNsouDATED AuOn O BALAllCE SHEET AS AT 31 MARCH,21117
As at As at As at
31 March 31 Ma i APHl,
Panlcula15 2017 2016 2015
Audned Audlted Audred

l{on<urrent assets
a)Property, plant and equipment 35167 35572 33537
b)capital work in progress 1199 1409 773
19582 19582 19582
intanBible assets 1105 1286 1674
assets under development 3016 2640 1873
assets
i)lnvestments 1870 1870 1870
I ii)Other financial assets 803 80 736
l8)Current tax assets (Net) 7164 7226 80 2
lh)Deferred tax assets (Net) 2365 859 476
lg)Other non-current assets 5132 6580 6687
lTot"l non*u.r"n, 831 75280
lcur."n,
".."r.
".r"*
lallnventories 39438 40271 39248
assets
lb)rinancial
i)lnvestments 22052 942
I 552
ii)Trade receivables 25958 22784
I 27092
iii)Gsh and cash equivalents 523 27 152
iv)Bank Balances other than (iri) above 466 491 565
v)Other flnancial as5ets 0 4 119 199
c)Other current assets 6364 6313 4965
94875 727 3
Asseti classified as held for sale 576
Total cuEent assets 95451 71434 72773
Total asiets 1,72854 1,49265 1,48053

EQU]TY AI{D LIABII.ITIES

Equlty
a)Equity share capital 1945 1945 1945
b)Other equity 1,00172 86898 82381
Equity attributable to owneri of the Company 1 11117 88843 84326
Non-controlling interests 043 375 1008
Total equity 1,11160 89218 85334

Liabllhies
Non.current liabilities
a)Financial liabilities - Long term borrowinBs 2440 2620 2681
b)Other fi nancial liabilities 563 482 404
c)Provisions 1 64 1695 1840
d)Deferred tax liabilities (Net) 4982 3579 3252
Total non<urrent liabllities 9,49 8177
Cunent liabilities
a)Financial liabilities
i) Short term borrowings 1249 4858 8374
ii)Trade and other payables 33018 27370 28643
iii)Other fi nancial liabilities 7328 9491 8282
b)Provisions 1076 966 8 5
c)Current tax liabilities (Net) 390 611 1552
d)Other current liabilities 8884 8375 6816
Total cunent liabilities 54542
Total liabilities 61694 60047 62,19
Total equity and liabilities 1,72854 1,49265 1 48053

L
56 .57 a`man 313 r5(lFloo 22' ann18n Polnl ltJmoa1 400 021
Tel,1 2266(52700 ]x,1 226665231 eos io ` `811s(o,
A TATA Enterprise
 O
RALLiS IND:A LIM!TED
Corporateldentity No L36992MH1948PLCo14083

Notes :

I The above results were reviewed by the Audit Committee, and approved by the Eoard of Oirectors at its meeting held on 24
April,2017.
2 The Company adopted lndian Accountint Standards ("lnd A5-) from 1 April, 2016 and accordingly these financial results have
baen prepared in accordance with the recognition and measurement principles stated therein, prescribed under Section 133
of the Corhpanies Act, 2013 read with th relevant rules issued thereunder and the other accountint principles
tenerally
accepted in India. Financial results for all the periods presented have been prepared in accordance wilh the recognition and
measurement principles of lnd AS.
3 The buiiness of the Company and its subsidiaries (the "Group") i5 seasonal in natu.e and the performance can be impacted by
\xeather conditions and croppint panern.
4 The Company and it5 subsidiaries have one reponable business segment viz. ,,Atri-lnputs.'.
5 During the year, the Company acquired the balance 19,421 shares of i 1o/- each of Zero waste Agro orSanrcs Umited
(ZwAoL) for a consideration of { 19.49 cr. As a result, zwAOL has become a wholly owned subsidiary of the Company.
6 Exceptional item (as disclosed in the column " Year ended 31 March, 2017") comprises profit on assignment of leasehold
rrghts to a plot of land in the Ml0C Area, Turbhe, Navi Mumbai. The profit is net of costs including a premium levied, under
the repealed Urban Land (Ceiling and Retulation)Act, 1976 which has been paid under protest.

7 Reconciliation between consolidated financial result5 and equity, as previously reponed in accordance with the Accounting
Standards framework (referred to as'AS')and tnd AS for the quarter/year presented are as under:
in Cr
Total Comprehenslve lncome Reconciliation Quarter ended Vear ended
31 March, 31st March
2016 2016
Proflt after tax as reported under the AS 320, 14673
1. oifference on account of revenue recotnition net of related 4 062
costs
2. Other adjustments (net) (006) 0
3. lncome tax adjustments on the above adjustments 1016)
4. Actuarial (gain)/loss on employee defined benefrt plans (048) {010)
recotnised in Other Comprehensive lncome (net of taxes)
Net profit atter tar as per lnd AS 3446 14 09
Other ComDrehensive Income (net of taxes) 048 010
Total Comorehendvc lncome.s orr lnd As 3494 14719
in Cr
Equity Re.onciliatlon As at As at
31 March, l ApHl.
20 6 2015
Equity as pe. AS 90278 82 60
Adjuitment of goodwill relating to acquisitron post obtaining control (6332)

oividend and tax on on dividend 5851 3500

Difference on account of revenue recognition net of related costs 6631 (609)
Fair valuation of financial instrument 002 002
Financial instrurnent at amortised cost (002) (002)
Capitalsub5idy (0161 (01 l

EqultY as Der lnd AS 89218 85334

The Board of Directors at its meetinS held on 24 April, 2017 has recommended a dividend of ( 2.50 per equrty share. The
(
Board has also recommended a one-time special dividend of 1.25 per equity share, out of the profit on assitnment of
leasehold rights in the Turbhe land.

I
I
v
:: :- 'ijr ^rr. Bnr,jl )ir ts oo ,-l- \dr,,r^ f'j rl L.'.)r .1:_ ':
-; !' :: a,6r.) t-rr r:r r. :: aaa) 23.1 ..,eDs :e ,,... .! .ir !r.r -
A TAIA Enterprise
 O
RALL]S INDIA LIMITED
Corporate ldentity No. 136992MH'l 948PLCo'l 4O83

The figures for quaner ended 31 March, 2OU and 31 March, 2016, are the balancing figures between audited
figures in respect of the full financial year and the published year to date figures upto nine months of the relevant
financialyear.
The results oI the Company are available tor investors at www.rallis.(o.in. !4!4!I!!E!-!C!!I9O and
wurw.bseindia.com.

ln termi o, our report attached For and on behalf of

For DELOTTTE HASKINS & SELTS LLP Rallis lndla Limitd

Charterd Accountants

Partner Manatint Oirector & CEO

Mumbai, 24 April, 201,

r;6 l:r Nar r-ran B ralan l5th F oor 2rT Nar rna. Po nt Mumb.r, 100 02'
r. 9 22 565! l-L.rr F3t 9- l: aiat l8a7 xeb5 re r, I 5 .o .
"r!'a
A IATA Enterprise