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Coromandel International reports 28% rise in Q3 consolidated net profit

23 Jan 2015 Evaluate

Coromandel International has reported results for third quarter ended December 31, 2014.

The company has registered 35.97% rise in its net profit after tax at Rs 138.80 crore for the quarter under review as compared to Rs 102.08 crore for the same quarter in the previous year. Total income of the company has increased 34.58% at Rs 3382.25 crore for Q3FY15 as compared Rs 2513.27 crore for the corresponding quarter previous year.

On the consolidated basis, the company’s net profit after taxes, minority interest surged 28.11% to Rs 120.69 crore for the Q3 FY15 as compared to Rs 94.21 crore in Q3 FY14. The total income increased 7.44% to Rs 2974.90 crore in the quarter under review as compared to Rs 2768.81 crore in the corresponding quarter previous year.

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