For 2QFY2017, Rallis India (Rallis) reported a yoy growth of 20.8% in sales to Rs540cr (vs. Rs447cr in 2QFY2016). On the operating front, the gross margin came in at 38.9% (vs. 52.4% in 2QFY2016), which along with sales growth aided the OPM to come in at 17.7% (V/s 19.2% in 2QFY2016). Aided by sales growth, a good operating performance an..