Coromandel International rises on reporting 23% upward push in Q4 consolidated net earnings

Coromandel International rises on reporting 23% upward push in Q4 consolidated net earnings

by admin- Thursday, April 25th, 2019 04:18:32 PM

Coromandel International is presently buying and selling at Rs. 436.Seventy five, up with the aid of 0.Forty five points or zero.10% from its preceding remaining of Rs. 436.30 on the BSE.

The scrip opened at Rs. 438.00 and has touched a high and occasional of Rs. 441.00 and Rs. 435.40 respectively. So some distance 1737 stocks had been traded at the counter.

The BSE group ‘A’ stock of face fee Rs. 1 has touched a 52 week excessive of Rs. 519.90 on 12-Mar-2019 and a 52 week low of Rs. 340.00 on 08-Oct-2018.

Last one week excessive and low of the scrip stood at Rs. 452.Fifty five and Rs. 422.70 respectively. The present day marketplace cap of the enterprise is Rs. 12796.Sixty one crore.

The promoters keeping in the corporation stood at 61.78%, even as Institutions and Non-Institutions held 17.Ninety one% and 20.31% respectively.

Coromandel International has suggested a upward push of 25.Fifty nine% in its net earnings at Rs 107.23 crore for the quarter beneath review compared to Rs eighty five.38 crore for the equal quarter within the preceding 12 months. Total income of the business enterprise extended via eight.66% at Rs 2,642.41 crore for Q4FY19 in comparison Rs 2,431.Seventy three crore for the corresponding area previous year.

On the consolidated basis, the employer has reported a rise of 23.18% in its net profit at Rs 110.38 crore for the sector below evaluate in comparison to Rs 89.61 crore for the equal sector inside the preceding 12 months. Total earnings of the organisation extended with the aid of nine.00% at Rs 2,646.Ninety six crore for Q4FY19 as compared Rs 2,428.Forty five crore for the corresponding quarter preceding yr.

For the year ended March 31, 2019, the corporation has suggested a upward thrust of four.25% in its internet income at Rs 713.91 crore compared to Rs 684.Eighty one crore for the previous 12 months. Total earnings of the organization multiplied by using 18.Fifty six% at Rs thirteen,240.22 crore for 12 months below evaluation as compared to Rs 11,167.84 crore for 12 months ended March 31, 2018.

For the 12 months ended March 31, 2019, on the consolidated basis, the organisation has reported a upward push of 4.22% in its internet profit at Rs 720.Forty eight crore compared to Rs 691.31 crore for the preceding yr. Total profits of the organisation increased through 18.Fifty five% at Rs 13,261.64 crore for yr below review in comparison to Rs eleven,186.Seventy seven crore for yr ended March 31, 2018.

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