Coromandel Int to pay final dividend of ₹6.00, ex-date due tomorrow

Coromandel International has announced a final dividend of ₹6.00 per share, with the ex-date due tomorrow, July 17, 2025. The stock rose 2.3% in today's trading to Rs 2,399.5. This followed a fall of 1.65% in the previous session.

The announcement provides an opportunity for investors to receive dividend income, while the ex-date determines eligibility for the dividend payout. Investors who hold the stock until today, July 16, 2025, will be entitled to receive the dividend.

The company’s quarterly financial results reveal that revenue for the quarter ending March 2025 was Rs 4,988.39 crore, compared to Rs 3,912.72 crore in the same quarter of the previous year. Net profit for the quarter ending March 2025 was Rs 595.10 crore, compared to Rs 174.06 crore in the same quarter of the previous year, and EPS was reported as Rs 19.70.

According to the yearly income statement, the company's sales for the year ending March 2025 were Rs 24,085 crore, compared to Rs 22,058 crore for the year ending March 2024. Other income for the same period was Rs 358 crore, compared to Rs 231 crore for the year ending March 2024. The company's net profit stood at Rs 2,108 crore compared to Rs 1,667 crore, and total expenditure at Rs 21,400 crore, compared to Rs 19,888 crore.

The company's balance sheet for the year ending March 2025 showed total assets of Rs 18,927 crore, compared to Rs 15,851 crore in the previous year. Equities and liabilities amounted to Rs 18,927 crore compared to Rs 15,851 crore. The company’s cash flow from operating activities stood at Rs 2,463 crore.

Key financial ratios for the year ending March 2025 include a basic EPS of Rs 70.23, a book value per share of Rs 376.37, and a dividend per share of Rs 15. The company’s debt to equity ratio stands at 0.02.