Murugappa group firm Coromandel International reported consolidated net profit for the quarter ended December declined sharply to ₹228.11 crore from ₹526.85 crore within the year-earlier interval.
Revenue from operations of the agri inputs answer supplier stood at ₹5,464.15 crore (₹8,309.59 crore). Shares of the corporate on Tuesday closed 7.64% decrease at ₹1,050.30 apiece on the BSE.
The contribution of nutrient and allied enterprise to the income was ₹4,902.66 crore (₹7,709.83 crore), whereas crop safety options accounted for ₹615.44 crore (₹652.58 crore).
