Page 3 - Sameer Goel News Today

Coromandel International lost 1.18% to Rs 724.70 after the companys consolidated net profit tanked 33.5% to Rs 155.85 crore on 0.5% decline in net sales to Rs 2,855.97 crore in Q4 FY21 over Q4 FY20. On a consolidated basis, profit before depreciation, interest, taxes and exceptional item (EBITDA) for the quarter ended 31 March 2021 stood at Rs 261 crore as against Rs 391 crore during the corresponding quarter last year, dropping 33.24% Y-o-Y (year-on-year). For the year ended 31 March 2021, the...

Coromandel Q4 net profit falls at ₹156 cr April 29, 2021 PAT for 2020-21 up at ₹1,329 crore Coromandel International, a manufacturer of fertilisers, crop protection and other agri inputs, has posted a lower net profit of ₹156 crore in the fourth quarter ended March 31, 2021, against ₹234 crore in the comparable quarter last year. The Murugappa group company reported a consolidated total income of ₹2,872 crore (₹2,881 crore). For the full year, however, the company reported a higher ...

Anand Mahindra urged people to wear face masks and follow social distancing guidelines in a viral tweet.

Updated: Share Article AAA Coromandel International managing director Sameer Goel and Vagish Dixit of ALPLA India have been elected chairman and vice-chairman respectively of Confederation of Indian Industry, Telangana (CII-TS) for 2021-22. Mr.Goel, who was vice-chairman of CII-TS for 2020-21, had a brief stint in Cipla as country head prior to joining Coromandel. He started his career with Glaxo Smith Kline Consumer in India in 1987 and worked in various positions in general management, sales...

(Bloomberg) -- A string of poorly-received bond auctions in the past week is driving home a message -- the Treasuries-led global rout is leaving investors scarred and governments staring at higher borrowing costs.U.S. yields resumed their rise Wednesday after a brief lull that followed a disastrous sale of seven-year Treasury notes last week. Sovereign bond offerings from Indonesia to Japan and Germany have drawn tepid demand and at least one sale was scrapped. The push for higher rates comes as...

Cost of Treasuries-Led Rout Seen as Global Bond Sales Falter Bloomberg 3/4/2021 Enda Curran, Emily Barrett and Chester Yung (Bloomberg) -- A string of poorly-received bond auctions in the past week is driving home a message -- the Treasuries-led global rout is leaving investors scarred and governments staring at higher borrowing costs. U.S. yields resumed their rise Wednesday after a brief lull that followed a disastrous sale of seven-year Treasury notes last week. Sovereign b...

On a consolidated basis, Coromandel International reported 26.2% jump in net profit to Rs 333.80 crore on a 7.8% increase in net sales to Rs 3533.01 crore in Q3 FY21 over Q3 FY20. While the companys total expenditure rose 6.6% to Rs 3033.75 crore, interest payments declined by 55.3% to Rs 20.54 crore in Q3 December 2020 over Q3 December 2019. Profit before tax in the third quarter was at Rs 446.87 crore, up by 26.1% from Rs 354.42 crore reported in the same period last year. Current tax outgo i...

Proposal to set up 7 mega textile parks in 3 years welcomed Leaders of CII-Telangana and the Federation of Telangana Chambers of Commerce and Industry (FTCCI) have hailed Union Budget 2021-22 as growth oriented. The budget is favourable towards improving overall economy with its emphasis on building strong infrastructure, developing a healthy India and reinvigorating education sector. Its stress on Minimum Government and Maximum Governance will strengthen the vision of Atmanirbhar Bharat, CII-...

Coromandel PAT up 26% at ₹334 cr in Q3 February 01, 2021 Coromandel International Limited, a crop protection, fertilisers and other agri inputs provider, has reported a consolidated net profit after tax of ₹334 crore in the third quarter ended December 31, 2020, as against ₹265 crore in the same quarter last year, showing a growth of 26 per cent. The firm registered a consolidated total income of ₹3,542 crore in the quarter ended December 31, 2020, as against ₹3,288 crore in the cor...

Global investors place RMB1trln bet on China breakthrough Business December 15, 2020 Hong Kong: Despite a global coronavirus pandemic that began in China, 2020 has transformed into the year it all came together for the country’s capital markets, as foreign investors snapped up more than Rmb1 trillion worth of stocks and bonds. China’s benchmark CSI 300 index is up about 27 per cent this year, in dollar terms, beating the S&P 500 by more than 13 percentage points. Shenzhen’s tech-focused...