Financial Daily from THE HINDU group of publications
Thursday, Jan 19, 2006
Financial Daily from THE HINDU group of publications Thursday, Jan 19, 2006 |
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Corporate Results
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Fertilisers Coromandel Fert Q3 net down 4 pc Our Bureau
HYDERABAD: Coromandel Fertilisers Ltd (CFL) has reported a marginal fall in net profit for the third quarter of the current fiscal at Rs 19.13 crore (Rs 19.94 crore), while the net sales increased to Rs 462.29 crore (Rs 440.66 crore) and other income stood decreased to Rs 4.39 crore (Rs 7.16 crore). For the nine-month period ended December 2005, the company posted a sales turnover of Rs 1,290.86 crore (Rs 1,117.99 crore), other income of Rs 20.51 crore (Rs 21.84 crore) and a net profit of Rs 67.62 crore (Rs 59.27 crore), yielding an EPS of Rs 26.61 (Rs 23.33) on an equity of Rs 25.41 crore. According to the CFL Managing Director, Mr V. Ravichandran, the other income for the nine months period includes interest received on income tax refund (net) amounting to Rs 10.52 crore (Rs 16.73 crore).
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