Coromandel International consolidated quarterly earnings climb 28.11%
Source: IRIS | 23 Jan, 2015, 02.00PM
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| Rating: NAN / 5 stars. |
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Coromandel International announced a good increase in consolidated net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 28.11% to Rs 1,206.90 million from Rs 942.10 million in the same quarter last year. Net sales for the quarter for the quarter rose 10.75 times to Rs 29,620.80 million, compared with Rs 2,756.18 million for the prior year period. Earnings per share for the quarter stood at Rs 4.14, registering 24.70% growth over previous year period.
| Quarterly Results - Consolidated (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 29,620.80 | 2,756.18 | 974.70 | | Net Profit | 1,206.90 | 942.10 | 28.11 | | Basic EPS | 4.14 | 3.32 | 24.70 |
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