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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 consolidated net profit of ₹1,329 crore against ₹1,065 crore in the previous year. It reported a consolidated total income of ₹14,257 crore (₹13,177 crore). Sameer Goel, Managing Director of Coromandel International Limited, has said that 2020-21 was a ‘black swan event’ (unpredictable), with businesses across the world and in India getting disrupted due to the Covid pandemic. ....
Sameer Goel elected as Chairman of CII Telangana for 2021-22 uniindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from uniindia.com Daily Mail and Mail on Sunday newspapers.
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 and marketing across geographies and businesses both in the country and international markets. Mr. Dixit is Chief Engagement Officer of ALPLA Worldwide, partner and MD of ALPLA Group in India. Apart from this, he was recently appointed honorary consul for Austria for the states of Telangana and Andhra Pradesh. He is chairman of Young Presidents Organisation, a global leadership forum of business leaders, and chairman of Indian Institute of Packaging, Hyderabad, a CII-TS ....
(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 central bankers attempt to ease investors’ discomfort over the pace of the recent rise.Investors are demanding higher yields to compensate for the risk of further volatility, which may complicate efforts to finance $14 trillion worth of fiscal stimulus globally. Concerns that central banks may withdraw policy support has soured sentiment, amid mounting evidence of a faster-than-anticipated economic recovery.“Investors will be increasingly differentiating countries based on their fun ....