Coromandel Fertiliser on Thursday announced a 74.68 per cent increase in its
third quarter consolidated net profit at Rs 131.24 crore over the
corresponding period a year ago.

The fertiliser manufacturer had a consolidated net profit of Rs 75.13 crore
in the Q3 of the last financial year, the company said in a filing to the
Bombay Stock Exchange.

Consolidated net income rose to Rs 8,518.12 crore in the quarter under
review from Rs 3,172.91 crore last year.

In the nine-month period ended December 31, 2008, the firm registered a
consolidated net profit of Rs 506.12 crore, an over to two-fold increase in
growth from Rs 206.41 crore in of the same period a year ago. On the
standalone basis, Coromandel Fertilser posted a net profit of Rs 132.58
crore. It had a net profit of Rs 75.07 crore in the same quarter last year.
Shares of Coromandel Fertiliser ended the day at Rs 101.50, up 11.48 per
cent from its previous cl ose on the BSE.

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