Coromandel International disclosed a good increase in consolidated net profit for the quarter ended September 2016. During the quarter, the profit of the company rose 25.89% to Rs 2,133.90 million from Rs 1,695.10 million in the same quarter previous year.
Revenues for the quarter declined marginally 0.70% to Rs 35,751.80 million, compared with Rs 36,002.60 million for the prior year period.
Operating margin for the quarter stood at 90.66 percent as compared to 93.03 percent for the previous year period. Operating Income for the quarter was Rs 32,413.80 million, compared with Rs 33491.6 million in the previous year period.
Earnings per share for the quarter stood at Rs 7.31, registering 25.82% growth over previous year period.
Quarterly Results - Consolidated (Rs in mn) |
As at | Sep - 16 | Sep - 15 | %Change |
Revenues | 35,751.80 | 36,002.60 | (0.70) |
Net Profit | 2,133.90 | 1,695.10 | 25.89 |
Diluted EPS | 7.31 | 5.81 | 25.82 |
Shares of the company declined Rs 2.1, or 0.75%, to trade at Rs 277.20. The total volume of shares traded was 14,038 at the BSE (11.53 a.m., Wednesday).