Coromandel International has reported results for first quarter ended June 30, 2020.
The company has reported over 3- fold jumps in its net profit of Rs 248.36 crore for the quarter under review as against Rs 62.41 crore for the same quarter in the previous year. Total income of the company increased 50.42% at Rs 3222.18 crore for Q1FY21 as compared Rs 2142.11 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 4 -fold jumps in its net profit of joint ventures at Rs 250.57 crore for the quarter under review as against Rs 62.43 crore for the same quarter in the previous year. Total income of the company increased by 50.60% at Rs 3223.92 crore for Q1FY21 as compared Rs 2140.70 crore for the corresponding quarter previous year.
