ICICI Securities Ltd | Retail Equity Research Rallis India (Rallis) reported a muted performance in a seasonally weak quarter i.e. Q4FY17. Sales in the standalone business (agrochemical) were flat at | 328 crore largely tracking muted NE monsoon in southern India and consequent drop in paddy acreages In Q4FY17, consolidated revenues came in at | 348.1 crore, down 1.2% YoY. Revenues of subsidiaries (Metahelix & Zero Waste Agro) for the quarter were at | 20 crore, down 19.6% YoY EBITDA for the quarter came in at | 41.6 crore with corresponding...