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Coromandel International reports 4% fall in Q2 consolidated net profit

28 Oct 2015 Evaluate

Coromandel International has reported results for second quarter ended September 30, 2015.

The company has reported 1.88% rise in its net profit after tax at Rs 173.59 crore for the quarter ended September 30, 2015 as compared to Rs 170.38 crore for the same quarter in the previous year. The company’s total income has increased by 9.95% to Rs 3582.99 crore for the quarter under review from Rs 3258.86 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 3.57% fall in its net profit after taxes & minority interest at Rs 173.47 crore for the quarter ended September 30, 2015 as compared to Rs 179.89 crore for the same quarter in the previous year. However, total income of the company has increased marginally by 3.13% at Rs 3588.88 crore for quarter under review as compared to Rs 3479.97 crore for the quarter ended September 30, 2014.  

Consequent to giving effect to the Scheme of Amalgamation of Sabero Organics Gujarat with the Company with effect from April 01, 2014 during the previous year, the standalone figures relating to the quarter and half year ended September 30, 2015 are not comparable with the corresponding figures of previous quarter and half year ended September 30, 2014.

Coromandel Interntl. Share Price

1951.00 -57.80 (-2.88%)
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