Monday 27 January 2014

Coromandel International reports over 38% rise in Q3 consolidated net profit

Coromandel International has reported results for third quarter ended December 31, 2013.

The company has reported 48.70% rise in its net profit at Rs 102.08 crore for the quarter as compared to Rs 68.65 crore for the same quarter in the previous year. Total income from operations of the company  increased by 8.17% at Rs 2513.27 crore for quarter under review as compared to Rs  2323.38 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 37.75% rise in its net profit after taxes and Minority Interest at Rs 94.21 crore for the quarter as compared to Rs 68.39 crore for the same quarter in the previous year. Total income from operations of the company increased by 13.53% at Rs 2768.81 crore for quarter under review as compared to Rs 2438.72 crore for the quarter ended December 31, 2012.

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