Coromandel Fertilisers Limited, a Murugappa Group company, reported a 647.62 per cent increase in its net profit for the first quarter ended June 30, 2008, at Rs 193.86 crore, as against Rs 25.93 crore during the corresponding period last year.
Sales turnover in the period stood at Rs 1,400.39 crore, as compared with Rs 420.04 crore in the corresponding quarter last year, reflecting a growth of 233.39 per cent.
Sesa Goa Q1 net up 5-fold to Rs 633 cr
Sesa Goa, the country's largest private iron ore exporter, announced a consolidated net profit of Rs 633.07 crore for the first quarter of the financial year, a growth of nearly five-fold over the corresponding period a year-ago.
The company had posted a net profit of Rs 131.33 crore for the quarter ended June 30, 2007. Total income of the group rose to Rs 1341.16 crore for the the first quarter of this fiscal from Rs 528.31 crore a year-ago.