Coromandel International has reported results for third quarter ended December 31, 2016.
The company has reported 37.02% rise in its net profit at Rs 112.67 crore for the quarter under review as compared to Rs 82.23 crore for the same quarter in the previous year. However, total income of the company decreased by 18.31% at Rs 2282.03 crore for the quarter under review as compared to Rs 2793.62 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 38.40% rise in its net profit at Rs 111.81 crore for the quarter ended December 31, 2016, as compared to Rs 80.79 crore for the same quarter in the previous year. However, total income of the company decreased by 18.39% to Rs 2282.61 crore for quarter under review from Rs 2797.06 crore for the quarter ended December 31, 2015.
