Coromandel International has reported results for second quarter ended September 30, 2014.
The company has registered 17.23% rise in its net profit at Rs 170.38 crore for the quarter under review as compared to Rs 145.33 crore for the same quarter in the previous year. Total income of the company has increased 11.93% at Rs 3258.86 crore for Q2FY15 as compared Rs 2911.38 crore for the corresponding quarter previous year.
On consolidated basis, the company’s net profit after taxes and minority interest and share of profit of associates for the quarter under review registered 12.37% growth at Rs 179.89 crore against Rs 160.08 crore in the September quarter of previous fiscal. The company’s total income has increased by 7.79% at Rs 3479.97 crore for the quarter from Rs 3228.38 crore in the similar quarter of previous year.
