The Hindu Business Line : Coromandel Fert Q4 net falls to Rs 9.93 cr; to pay 75 pc

COROMANDEL Fertilisers Ltd (CFL), belonging to the Murugappa group, has recorded a growth in sales turnover but suffered a fall in net profit for the fourth quarter of fiscal ended March 31, 2005.

However, for the full year, the Hyderabad-based company posted a growth in net profit as well.

As per the audited financial results taken on record by the CFL board here on Friday, the company has posted a sales turnover of Rs 407.99 crore during the quarter under review as against Rs 323.11 crore in the corresponding quarter of previous fiscal. However, it suffered a fall in net profit at Rs 9.93 crore from Rs 11.47 crore in the corresponding quarter.

The board has recommended a dividend of 75 per cent for the fiscal as against 65 per cent in the previous fiscal.

For the year ended March 31, 2005, the company posted a sales turnover of Rs 1,525.08 crore (Rs 1,211.57 crore) and a net profit of Rs 69.2 crore (Rs 43.1 crore). While this was so on a stand-alone basis, the company on a consolidated basis registered a sales turnover of Rs 1,530.04 crore (Rs 1,215.13 crore) and a net profit of Rs 78.38 crore (Rs 45.83 crore).

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Northgate Q4 net up at Rs 3.7 cr

Coromandel Fert Q4 net falls to Rs 9.93 cr; to pay 75 pc

Andhra Petro net up at Rs 4.79 cr

Gujarat Gas Q1 net rises 88 pc

Wipro Q4 net up 35%; announces 1:1 bonus

Bharat Overseas net drops in 2004-05