Coromandel International consolidated net profit declines 34.95% in the March 2024 quarter

Sales decline 28.55% to Rs 3912.72 crore

Net profit of Coromandel International declined 34.95% to Rs 160.31 crore in the quarter ended March 2024 as against Rs 246.44 crore during the previous quarter ended March 2023. Sales declined 28.55% to Rs 3912.72 crore in the quarter ended March 2024 as against Rs 5475.82 crore during the previous quarter ended March 2023.

For the full year,net profit declined 18.42% to Rs 1642.19 crore in the year ended March 2024 as against Rs 2012.93 crore during the previous year ended March 2023. Sales declined 25.55% to Rs 22058.39 crore in the year ended March 2024 as against Rs 29627.90 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales3912.725475.82 -29 22058.3929627.90 -26 OPM %6.727.06 -10.759.79 - PBDT284.68381.09 -25 2417.012882.79 -16 PBT221.70336.52 -34 2188.452700.84 -19 NP160.31246.44 -35 1642.192012.93 -18

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