Coromandel International Q1 results: Profit drops 37.1% to Rs 311 cr

Quick Summary:

The company's net profit after tax fell to Rs 311 crore ($37.

However, domestic demand is expected to pick up on the prospects of above-average monsoon rains this year and a bumper harvest, analysts said.

Revenue from operations dropped about 17 per cent to Rs 4,729 crore.

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Category: BusinessFinance

Markets: IndiaOman

Topics: Coromandel International report Coromandel International profits Coromandel International results Coromandel International quarterly report

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 22:55:16 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 290 words

Reading Time: 2 minutes read

Sentences: 15 lines

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Copyright Owner: © Business Standard

News ID: 21972143

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