Coromandel International has reported results for first quarter ended June 30, 2013.
The company has reported 88.80% fall in its net profit at Rs 14.35 crore for the quarter as compared to Rs 128.09 crore for the same quarter in the previous year. Total income of the company has decreased by 6.27% at Rs 1659.83 crore for quarter under review as compared to Rs 1770.85 crore for the quarter ended June 30, 2012.
On the consolidated basis, the group registered a fall of 81.38% in its net profit after taxes, minority interest at Rs 21.42 crore for the quarter as compared to Rs 115.05 crore for the same quarter in the previous year. However, total income of the company, on consolidated basis, has increased by 2.18% at Rs 1913.83 crore for quarter under review as compared to Rs 1872.91 crore for the quarter ended June 30, 2012.
