Coromandel International Q1 results show revenue up from 5522.68 crores to 5737.89 crores, a 3.90% increase in growth. EPS rise from ₹8.37 to ₹16.78, up by 100.48%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Coromandel International shared its Q1 results on Thursday. They earned 5737.89 crores in revenue this quarter, but that’s more than the 5522.68 crores they made last quarter. The company’s growth increased by 3.90 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 494.03 crores, up from 246.44 crores in the previous quarter. Their quarter-to-quarter growth increased by 100.47 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹16.78, which is an increase of 100.48% from the ₹8.37 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 5737.89 crores this year (2023), which is -0.77 percent lower than last year’s total revenue of 5782.67 crores.
This year’s PAT (Profit After Tax) is 494.03 crores, which is also -1.01% lower than last year’s PAT of 499.08 crores.
The EPS (Earnings Per Share) for this year is ₹00, which is -1.06% less than the EPS of ₹16.96 earned last year.
Also Read: IIFL Finance Q1FY24 Results: Consolidated PAT of Rs. 425.40 Cr
Coromandel International Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Coromandel International:
Coromandel International Limited is an Indian agricultural and crop protection corporation. It was founded in the early 1960s by IMC, Chevron Companies, and EID Parry, with its headquarters located in Hyderabad. Initially known as Coromandel Fertilisers, the company specializes in manufacturing fertilizers, pesticides, and specialty nutrients.
Download the Full PDF of Coromandel International Q1 Results: Click Here
For more of the Latest News, Click Here
