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Coromandel International reports marginal fall in Q1 consolidated net profit

27 Jul 2023 Evaluate

Coromandel International has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 1.94% rise in its net profit at Rs 505.28 crore for the quarter under review as compared to Rs 495.67 crore for the same quarter in the previous year. However, total income of the company decreased by 0.61% at Rs 5740.01 crore for Q1FY24 as compared Rs 5775.50 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 1.01% fall in net profit at Rs 494.03 crore for the quarter ended June 30, 2023 as compared to Rs 499.08 crore for the same quarter in the previous year. However, total income of the company decreased by 0.77% at Rs 5737.89 crore for Q1FY24 as compared Rs 5782.67 crore for the corresponding quarter previous year.

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