Coromandel International Q2 net profit rises 2% to Rs 757 crore

Based in Chennai, Coromandel International offers a diverse range of products and services across the farming value chain, specialising in fertilisers, crop protein, bio pesticide, specialty nutrients and organic fertilizers.

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26 Aug, 2025 12:21

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Coromandel International on October 26 said its net consolidated profit for the quarter ending September at Rs 756.87 crore, up 2.20 percent from Rs 740.56 crore in the same quarter last year.

Its revenue from operations plunged sharply to Rs 6988.13 crore, down 30.90 percent from Rs 10,113.39 crore in the corresponding quarter last fiscal, the company said in a regulatory filing.

This led to heavy selling on the counter. As of 3 pm, the stock was down over 3 percent to Rs 1068.45.

EBITDA of the fertiliser market stood at Rs 1,058.7 crore. The operating margin of the company during the quarter was at 15.24 percent improving from 10.43 percent a year ago.

Based in Chennai, Coromandel International offers a diverse range of products and services across the farming value chain, specialising in fertilisers, crop protein, biopesticides, speciality nutrients and organic fertilizers.

The company earns the majority of its revenue from nutrients and other allied products while the rest of the revenue comes from the crop protection business. During the quarter, the drop in revenue was in the nutrient segment which stood at Rs 6,307 crore, down from 9,461 crore. Crop protection business revenue managed to register a small growth to Rs 722 crore from Rs 702 crore.