 "Coromandel International")
Coromandel International posted a 73% jump in fourth-quarter profit on Wednesday, boosted by strong demand.
The fertiliser maker's consolidated pre-tax profit rose to Rs 384 crore ($45.38 million) in the quarter ended March 31, from Rs 222 crore a year earlier.
Revenue from operations rose about 27.5% to Rs 4,988 crore, with revenue from its top fertiliser and nutrients business growing 28.2%.
KEY CONTEXT
Fertiliser companies such as Coromandel will outperform their agrochemical peers in the fourth quarter, according to analysts, as volume growth, price hikes and demand for complex fertilisers lift profitability.
Peers Deepak Fertilisers and Petrochemicals and Chambal Fertilisers and Chemicals are yet to post results.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
 "Orient Green Power Company")
 "Q4, Q4 results")
 "Indian Oil corporation, IOC")
 "Vedanta")
 "Aster DM Healthcare has announced a merger with Blackstone-backed CARE Hospitals with the Bengaluru-based company, leading to the creation of Aster DM Quality Care, which will be among the top three players in India with 38 hospitals and a presence i")
