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Coromandel Fertilisers pays 85 p.c.

HYDERABAD: Coromandel Fertilisers, a constituent of the Murugappa Group, has registered a total income of Rs. 1,874.71 crore and profit after tax of Rs. 83.55 crore during the year ended March 31, 2005, a 21 per cent increase over the previous year's income of Rs. 1,554.17 crore and profit of Rs. 69.19 crore. The board has recommended a dividend of 85 per cent for the year against 75 per cent.

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