Coromandel International standalone net profit rises 55.87% in the March 2017 quarter

Capital Market April 28, 2017 Last Updated at 17:15 IST

Sales decline 25.11% to Rs 2245.63 crore

Net profit of Coromandel International rose 55.87% to Rs 143.56 crore in the quarter ended March 2017 as against Rs 92.10 crore during the previous quarter ended March 2016. Sales declined 25.11% to Rs 2245.63 crore in the quarter ended March 2017 as against Rs 2998.69 crore during the previous quarter ended March 2016.

For the full year,net profit rose 33.23% to Rs 476.78 crore in the year ended March 2017 as against Rs 357.86 crore during the previous year ended March 2016. Sales declined 12.65% to Rs 9966.46 crore in the year ended March 2017 as against Rs 11409.92 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2245.632998.69 -25 9966.4611409.92 -13 OPM %12.076.66 -9.856.71 - PBDT236.60153.98 54 811.74609.71 33 PBT211.37126.75 67 711.86504.16 41 NP143.5692.10 56 476.78357.86 33

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