Coromandel International Q2 Net up 12.4% at Rs 179.89 cr

Fertiliser manufacturer Coromandel International today reported a 12.4 per cent growth in its consolidated net profit at Rs 179.89 crore for the quarter ended September 30, 2014.

The firm had posted a net profit of Rs 160.08 crore for the year-ago period, it said in a BSE filing.

Consolidated net sales rose by 7.9 per cent to Rs 3,455.16 crore in the July-September quarter this fiscal from Rs 3,201.44 crore is the same quarter of 2013-14 fiscal.

Coromandel is in the business of fertilisers, speciality nutrients, crop protection and retail. The company manufactures a wide range of fertilizers and markets around 3.2 million tonnes.