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Coromandel International reports 31.21% jump in Q1 net profit

21 Jul 2011

Coromandel International has reported results for its first quarter ended June 30, 2011

The company’s net profit from Ordinary activities after tax for the quarter has rose by 31.21% at Rs 159.35 crore as compared to Rs 121.45 crore for the same quarter last year. Its total Income has increased by 15.32% to Rs 1814.75 crore for the quarter under review from Rs 1573.60 crore for the corresponding quarter of the previous year.

On consolidated basis, the Group’s net profit from Ordinary activities after tax has registered a growth of 32.34% at Rs 158.89 crore for the corresponding quarter previous year as compared to Rs 120.06 crore for the corresponding quarter last year. Its total income has increased by 15.28% to Rs 1814.94 crore for the quarter from Rs 1574.42 crore for the similar quarter of the previous year.

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SEBI Registered: Investment Adviser - INA000013323

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