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Coromandel International reports 49% fall in Q3 net profit

25 Jan 2013 Evaluate

Coromandel International has reported results for third quarter ended December 31, 2012.

The company has reported 48.60% fall in its net profit at Rs 68.65 crore for the quarter ended December 31, 2012 as compared to Rs 133.56 crore for the same quarter in the previous year. Total income of the company has decreased by 10.02% at Rs 2323.38 crore for quarter under review as compared to Rs 2582.04 crore for the quarter ended December 31, 2011.

On the consolidated basis, the company has reported 47.64% fall in its net profit at Rs 68.39 crore for the quarter ended December 31, 2012 as compared to Rs 130.63 crore for the same quarter in the previous year. Total income of the company has decreased by 5.59% at Rs 2438.72 crore for quarter under review as compared to Rs 2583.19 crore for the quarter ended December 31, 2011.

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