Coromandel: Profits not in sync with revenues – 4 Feb 2022

Coromandel International Total Income in Q3 was at Rs.5,093 Cr compared with Rs.3,521 Cr of same period previous year, registering a growth of 45% over previous year.

But EBITDA for Q3 was Rs. 543 Cr, increased by 10% over Q3 of previous year. PAT for Q3 was Rs. 379 Cr, vs Rs. 326 Cr in Q3 of previous year registering a y/y growth of 16%

So why is there such a disproportionality between the top and the bottom line?