Rallis India reported a muted Q1FY18 performance. The agrochemical segment reported 5.0% de-growth in sales while seed business i.e. Metahelix reported a marginal 4.5% growth YoY Total consolidated revenues in Q1FY18 came in at | 445.5 crore, flat YoY. Standalone revenues in Q1FY18 were at | 247 crore, down 5.0% YoY. The same can be attributed to high channel inventory, destocking ahead of GST and down trading by domestic farmers Revenues of subsidiaries (Metahelix & Zero Waste Agro) in Q1FY18 were at | 198.0 crore, up 4.5% YoY. EBITDA margins on the...