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Coromandel International reports 83% fall in Q4 consolidated net profit

23 Apr 2013 Evaluate

Coromandel International has reported results for the quarter & year ended March 31, 2013.

The company has registered 88.81% fall in its net profit after tax and minority interest at Rs 13.60 crore in Q4FY13 as compared to Rs 121.54 crore in the same quarter previous year. However, the total income from operation of the company has decreased by 27.09% to Rs 1948.31 crore as compared to Rs 2672.18 crore in corresponding quarter last year.

On the consolidated basis, the group has reported a fall of 82.55% in its net profit after tax and minority interest at Rs 11.67 crore in quarter under review as compared to Rs 66.89 crore in same period previous year. Total income from operation on consolidated basis has declined 24.37% to Rs 2079.53 crore as against Rs 2749.77 crore in a year ago period.

For the full year, the company has reported a net profit after tax and minority interest of Rs 443.99 crore for the year ended March 31, 2013, a contraction of 35.96% as compared to Rs 693.27 crore for the year ended March 31, 2012. Total income from operation has decreased to Rs 8,560.24 crore in FY13 from Rs 9,823.27 crore in FY12, up by 12.86%.

On the consolidated basis, the group has registered 32.37% drop in net profit after tax and minority interest at Rs 431.99 crore in FY13 as against Rs 638.79 crore in previous year. The total income from operation of the company has increased to Rs 9033.72 crore as compared to Rs 9901.57 crore in FY12, down by 8.76%.

 

Coromandel Interntl. Share Price

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