Coromandel Limited. Q4 results show revenue fell from 8,349.18 to 5,522.68 crores, a 33.85% decrease in growth. EPS also dropped from ₹17.92 to ₹8.37, down by 55.29%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Coromandel Ltd. shared its Q4 results on Monday. They earned 5,522.68 crores in revenue this quarter, but that’s less than the 8,349.18 crores they made last quarter. Unfortunately, the company’s growth decreased by 33.85 percent when comparing the two quarters.
In terms of profits, Coromandel Ltd’s PAT (Profit After Tax) for this quarter was 246.44 crores, down from 526.85 crores in the previous quarter. Their quarter-to-quarter growth declined by 53.22 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹8.37, which is a decrease of 53.29% from the ₹17.92 EPS in the previous quarter.
Also read: ☞ ” Tube Investments of India Q4FY23 Results: Consolidated PAT Up at Rs 311.84 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 29,799.03 crores this year (2023), which is 54.76 percent higher than last year’s total revenue of 19,255.12 crores.
This year’s PAT (Profit After Tax) is 2,012.93 crores, which is also 31.70% higher than last year’s PAT of 1,528.46 crores.
The EPS (Earnings Per Share) for this year is ₹68.51, which is 31.52% more than the EPS of ₹52.09 earned last year.
Coromandel Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹6 per Equity Share of Face Value of ₹1 each of the Company (600% of Face Value). Total Dividend for FY23 stood at ₹18 per Equity Share (Interim Dividend of ₹1 per Equity Share)
| Dividend | Record Date |
| ₹6 per Equity Share | 14/07/2023 |
About Coromandel:
Coromandel International Limited, a crop protection corporation based in India, was established in the early 1960s by IMC and Chevron Companies and EID Parry. With its headquarters in Hyderabad, the company, originally known as Coromandel Fertilisers, specializes in the manufacturing of fertilizers, pesticides, and specialty nutrients.
Download Full PDF Q4 Results of Coromandel: Click Here
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