Coromandel International reports 14% fall in Q3 consolidated net profit

22 Jan 2019

Coromandel International has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 15.23% in its net profit at Rs 152.67 crore for the quarter under review as compared to Rs 180.10 crore for the same quarter in the previous year. However, total income of the company increased by 11.30% at Rs 3053.14 crore for Q3FY19 as compared Rs 2743.18 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 14.49% in its net profit at Rs 154.32 crore for the quarter under review as compared to Rs 180.47 crore for the same quarter in the previous year. However, total consolidated income of the company increased by 11.35% at Rs 3,059.29 crore for Q3FY19 as compared Rs 2,747.41 crore for the corresponding quarter previous year.

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