Coromandel International Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the standalone company reported net sales of INR 24,895.3 million compared with INR 22,939.9 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 1,889.9 million compared with INR 1,025.8 million for the same period a year ago. Profit before tax was INR 1,508.5 million compared with INR 706.0 million for the same period a year ago. Net profit was INR 1,020.8 million or INR 3.60 per diluted share compared with INR 686.5 million or INR 2.42 per diluted share for the same period a year ago.

For the nine months, the standalone company reported net sales of INR 70,181.4 million compared with INR 65,801.1 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 4,976.6 million compared with INR 6,186.0 million for the same period a year ago. Profit before tax was INR 3,708.3 million compared with INR 5,434.0 million for the same period a year ago. Net profit was INR 2,617.6 million or INR 9.23 per diluted share compared with INR 4,303.9 million or INR 15.17 per diluted share for the same period a year ago.

For the quarter, the consolidated company reported net sales of INR 27,378.5 million compared with INR 24,009.3 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 1,939.9 million compared with INR 1,103.5 million for the same period a year ago. Profit before tax was INR 1,457.8 million compared with INR 709.6 million for the same period a year ago. Net profit was INR 955.7 million or INR 3.32 per diluted share compared with INR 688.6 million or INR 2.41 per diluted share for the same period a year ago.

For the nine months, the consolidated company reported net sales of INR 78,220.5 million compared with INR 69,042.9 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 5,516.2 million compared with INR 6,318.4 million for the same period a year ago. Profit before tax was INR 3,971.8 million compared with INR 5,341.7 million for the same period a year ago. Net profit was INR 2,845.4 million or INR 9.72 per diluted share compared with INR 4,207.6 million or INR 14.82 per diluted share for the same period a year ago.