Rabi looks promising despite higher base: MOFS By IANS | Published on Sat, Dec 19 2020 16:57 IST | 0 Views Farmers busy planting paddy saplings at their agricultural field. Image Source: IANS News New Delhi, Dec 19 : Outlook for the on-going Rabi season remains encouraging, said Motilal Oswal Financial Services. In a report, it cited that fertiliser and agrochemical players are also likely to report healthy performances in 2HFY21. "Farm income was impacted in some states, mainly due to lower yield on account of untimely rains," the report said. "Nevertheless, volumes in fertiliser and agrochemical increased strongly on the back of a good monsoon season." As per the Ministry of Fertiliser, sales in 1HFY21 grew 15 per cent YoY to 34 million mt, driven by 28 per cent and 24 per cent volume growth in DAP and NPKS, respectively.