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Friday, Jan 18, 2002

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Corporate Results - Fertilisers


Coromandel Fert profit up

Our Bureau

HYDERABAD: Coromandel Fertilisers Ltd has posted a sales turnover of Rs 199.77 crore, other income of Rs 1.28 crore and net profit of Rs 18.68 crore for the quarter ended December 31, 2001.

The company's turnover as well as profit increased substantially when compared to the turnover of Rs 146.09 crore and a net profit of Rs 9.74 crore registered during the same period in the previous year.

During the first nine-month period of the current fiscal, the company has posted a turnover of Rs 521.74 crore (Rs 462.32 crore). The net profit also increased to Rs 52.75 crore (Rs 42.29 crore).

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