Coromandel International standalone net profit declines 53.21% in the March 2018 quarter

Capital Market 

Sales rise 5.06% to Rs 2371.18 crore

Net profit of declined 53.21% to Rs 67.17 crore in the quarter ended March 2018 as against Rs 143.56 crore during the previous quarter ended March 2017. Sales rose 5.06% to Rs 2371.18 crore in the quarter ended March 2018 as against Rs 2256.93 crore during the previous quarter ended March 2017.

For the full year,net profit rose 38.30% to Rs 659.41 crore in the year ended March 2018 as against Rs 476.78 crore during the previous year ended March 2017. Sales rose 9.20% to Rs 10943.11 crore in the year ended March 2018 as against Rs 10020.96 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2371.182256.93 5 10943.1110020.96 9 OPM %6.8012.01 -11.159.80 - PBDT125.87236.60 -47 1099.58811.74 35 PBT102.61211.37 -51 1002.52711.86 41 NP67.17143.56 -53 659.41476.78 38

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First Published: Wed, April 25 2018. 14:53 IST