Coromandel International, a manufacturer of fertilisers and pesticides, witnessed a fall in share price on Tuesday after it disclosed a substantial drop in consolidated net profit for the quarter ended June 2015.  During the quarter, the profit of the company declined 55.55% to Rs 144.70 million from Rs 325.50 million  in the same quarter last year.

Revenues for the quarter  rose 15.98% to Rs 21,811.80 million, compared with Rs 18,807 million for the prior year period.

Shares of the company are trading at Rs 230.75, down Rs 5.55, or 2.35% at the Bombay Stock Exchange (BSE) on Tuesday at 9:57 a.m.

The scrip has touched an intra-day high of Rs 235 and low of Rs 229. The total volume of shares traded at the BSE is 2,729.