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Coromandel International reports 33% fall in Q3 consolidated net profit

22 Jan 2016 Evaluate

Coromandel International has reported results for third quarter ended December 31, 2015.

The company has reported 41.07% fall in its net profit at Rs 81.79 crore for the quarter ended December 31, 2015 as compared to Rs 138.80 crore for the same quarter in the previous year. The company’s total income has decreased by 18.32% to Rs 2762.71 crore for the quarter under review from Rs 3382.25 crore for the corresponding quarter of the previous year. 

On the consolidated basis, the company has reported 33.42% fall in its net profit after tax and minority interest and Share of Profit / (Loss) of Associates at Rs 80.36  crore for the quarter ended December 31, 2015 as compared to Rs 120.69 crore for the same quarter in the previous year. Total income of the company has decreased by 6.90% at Rs 2769.63 crore for quarter under review as compared to Rs 2974.90 crore for the quarter ended December 31, 2014.    

Coromandel Interntl. Share Price

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