Coromandel Agro reports net loss of Rs 1.13 crore in Q4

Coromandel Agro Products & Oils has reported a net loss of Rs 1.13 crore for the fourth quarter ended March 31, 2012 as compared to net profit of Rs 1.37 crore in the year-ago period. However, the total income from operation of the company increased 105.90% to Rs 79.87 crore for the quarter under review from Rs 38.79 crore in the same period of previous fiscal.

For the full year, the company has recorded a net loss of Rs 0.56 crore from net profit of Rs 3.37 crore in 2010-11. The total income from operation went down by 9.74% to Rs 88.72 crore in 2011-12 from Rs 98.29 crore in previous fiscal.