These companies reported an increase in revenue and/or profit before tax for the March quarter
The total income for the quarter rose 8.84 per cent to Rs 2880.82 crore from Rs 2646.96 crore in the year ago period.
Q4FY20 Ebitda surged 51 per cent to Rs 391 crore, while margins expanded 380 basis points to 13.6 per cent from 9.8 per cent in Q4FY19
Coromandel International, PI Industries may be some of the beneficiaries
Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Full-year consolidated net grows 4% to Rs 720 crore, income rises 19% to Rs 13,262 crore
The mid-size company has phosphatic fertiliser plants at Visakhapatnam and Kakinada in AP
However, the company's total income from operations has seen a sharp decline at Rs 2,270.80 cr
Coromandel International was down 14% to Rs 215 on the BSE in intra-day trade, after falling 6% on Monday.
Full-year net profit down 10% to Rs 361 crore from Rs 402 crore