Coromandel Intl net rises marginally

Our Bureau Hyderabad | Updated on January 14, 2011 Published on January 14, 2011

Fertiliser maker Coromandel International, part of the Rs 13,600-crore Murugappa Group, has clocked a standalone net profit of Rs 150.29 crore for the quarter ended December 31, 2010, up marginally from Rs 146.12 crore in the year-ago period.

During the quarter its sales touched Rs 2,047.07 crore, as against Rs 1,756.81 crore in the corresponding quarter of last fiscal.

Sales turnover for the nine-month period this fiscal was Rs 6,353.20 crore (Rs 5,029.96 crore). The board of directors approved payment of an interim dividend of Rs 4 a share.

The group has 29 companies, including Cholamandalam DBS Finance, EID Parry and Tube Investments of India.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on January 14, 2011
This article is closed for comments.
Please Email the Editor