Consolidated net profit after tax for the quarter is Rs 589 crores in comparison to Rs 504 crores for the corresponding quarter last year
Coromandel International Limited, India’s leading agri solutions provider in the business of Fertilisers, Crop Protection, Bio Pesticides, Specialty Nutrients etc. has released the financial results for the quarter ended September 2020.
During the quarter ended September 2020, the Company’s consolidated total income stood at Rs. 4,620 crores in comparison to the corresponding quarter last year of Rs. 4,867 crores. Profit before depreciation, interest, taxes and exceptional item (EBITDA) for the quarter ended Sep 2020 has grown by 18 per cent to Rs. 845 crores vs. Rs. 713 crores during corresponding quarter of last year. Consolidated net profit after tax for the quarter is Rs. 589 crores in comparison to Rs. 504 crores for the corresponding quarter last year registering a year on year growth of 17%.
For the half year ended Sep 2020, the Company’s consolidated total income is Rs. 7,843 crores (Half year ended Sep 2019 Rs. 7,008 crores), EBITDA is Rs. 1,260 crores, grown by 39% in comparison to Half year ended Sep 2019 Rs. 909 crores and profit after tax has grown by 48% at Rs. 840 crores (Half year ended Sep 2019 Rs. 566 crores).
During the quarter ended Sep 2020, the Company’s standalone total income stood at Rs. 4,605 crores in comparison to the corresponding quarter last year of Rs. 4,865 crores. Profit before depreciation, interest, taxes and exceptional item (EBITDA) for the quarter ended Sep 2020 has grown by 17 per cent to Rs. 837 crores vs. Rs. 713 crores during corresponding quarter of last year. Standalone net profit after tax for the quarter is Rs. 582 in comparison to Rs. 503 crores for the corresponding quarter last year registering a year on year growth of 16%.
For the half year ended Sep 2020, the Company’s standalone total income is Rs. 7,828 crores (Half year ended Sep 2019 Rs. 7,007 crores), EBITDA is Rs. 1,250 crores, grown by 38% in comparison to Half year ended Sep 2019 Rs. 908 crores and profit after tax has grown by 47% at Rs. 830 crores (Half year ended Sep 2019 Rs. 566 crores).
