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Aug 08, 2012, 02.32 PM IST
KK Birla Group company Chambal Fertilisers and Chemicals' net profit increased higher than expected 20.9% year-on-year to Rs 77 crore in the April-June quarter of financial year 2012-13. Analysts on an average had expected it in the vicinity of Rs 59 crore.
Total Income too rose better than expected 17.18% to Rs 1,364.4 crore from Rs 1,164.4 crore during the same period; the forecast was at Rs 1,043.4 crore. But both topline and bottomline went down 38% and 17% quarter-on-quarter. Other income dropped by 42.43% YoY to Rs 17.5 crore in the quarter ended June 2012. However, finance cost went up by 38.6% YoY to Rs 35.36 crore. At 14:26 hours IST, the share was trading at Rs 72.90, up 1.82% amid huge volumes.
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