Coromandel Agro Products and Oils Limited, a manufacturer and exporter of cottonseed products, reported a 54.29 per cent increase in net profit to Rs 66.59 lakh for the quarter ended June 2012, as against Rs 43.16 lakh in the corresponding quarter last year. Net income grew 8.23 per cent to Rs 26.97 crore for the first quarter, as against Rs 24.92 crore a year ago.