Coromandel International Limited Announces Standalone and Consolidated Earnings Results for the Second Quarter and Half Year Ended September 30, 2018
October 26, 2018 at 04:49 am EDT
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Coromandel International Limited announced standalone and consolidated earnings results for the second quarter and half year ended September 30, 2018. For the quarter, on standalone basis, the company reported revenue from operations of INR 50,085.1 million compared to INR 36,715.1 million a year ago. Total income was INR 50,181.6 million compared to INR 36,893.2 million a year ago. Profit before tax was INR 5,592.1 million compared to INR 5,251.6 million a year ago. Net profit after tax was INR 3,663.2 million compared to INR 3,483.4 million a year ago. Basic earnings per share were INR 12.53 compared to INR 11.92 per share a year ago. Diluted earnings per share were INR 12.51 compared to INR 11.90 per share a year ago.
For the half year, on standalone basis, the company reported revenue from operations of INR 75,263.6 million compared to INR 59,627.9 million a year ago. Total income was INR 75,446.7 million compared to INR 59,929.2 million a year ago. Profit before tax was INR 6,896.8 million compared to INR 6,354.1 million a year ago. Net profit after tax was INR 4,540.1 million compared to INR 4,193.3 million a year ago. Basic earnings per share were INR 15.53 compared to INR 14.35 per share a year ago. Diluted earnings per share were INR 15.50 compared to INR 14.33 per share a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 50,083.0 million compared to INR 36,752.8 million a year ago. Total income was INR 50,181.0 million compared to INR 36,933.0 million a year ago. Profit before tax was INR 5,599.9 million compared to INR 5,259.3 million a year ago. Net profit after tax was INR 3,655.7 million compared to INR 3,485.5 million a year ago. Basic earnings per share were INR 12.50 compared to INR 11.93 per share a year ago. Diluted earnings per share were INR 12.48 compared to INR 11.91 per share a year ago.
For the half year, on consolidated basis, the company reported revenue from operations of INR 75,367.5 million compared to INR 59,803.5 million a year ago. Total income was INR 75,553.9 million compared to INR 60,109.0 million a year ago. Profit before tax was INR 6,924.8 million compared to INR 6,381.9 million a year ago. Net profit after tax was INR 4,557.8 million compared to INR 4,212.0 million a year ago. Basic earnings per share were INR 15.59 compared to INR 14.42 per share a year ago. Diluted earnings per share were INR 15.56 compared to INR 14.40 per share a year ago.
Coromandel International Limited is engaged in the manufacturing and trading of farm inputs consisting of fertilizers, crop protection, specialty nutrients and organic compost. The Company's segments include Nutrient and other allied businesses, and Crop Protection. Its products and services include fertilizer, crop protection, specialty nutrients and organic. The Companyâs fertilizers consist of nitrogen, phosphate, calcium and potassium in various grades and are available under various brands, such as GroShakti Plus, Grosmart, Paramfos, Gromor 15-15-15-09, Godavari Ultra DAP, Gromor / Godavari DAP, Gromor MOP and Gromor Urea. Its crop protection products consist of insecticides, fungicides, herbicides, plant growth regulators and bio-products. It offers organic fertilizers derived from natural sources like city waste (organic portion only), sugarcane molasses and its by-products, oil cakes and gypsum. The Company operates a network of over 750 rural retail outlets across India.
COROMANDEL INTERNATIONAL LIMITED 
