Coromandel International shares rise 2.02% in early trade

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Shares of Coromandel International gained 2.02% to trade at Rs 2,393.20 in Wednesday's early session. The stock movement is positive compared to its previous close. At 09:44 am, the stock is trading among the top gainers on NIFTY MIDCAP 150.

Looking at the company's financial performance, the consolidated revenue for the quarter-ending March 2025 stood at Rs 4,988.39 Crore, compared to Rs 3,912.72 Crore in March 2024. The net profit for the quarter-ending March 2025 was Rs 595.10 Crore, up from Rs 174.06 Crore in the corresponding quarter of the previous year. The EPS increased to Rs 19.70 in March 2025 from Rs 5.45 in March 2024.

The consolidated yearly revenue for the year-ending March 2025 stood at Rs 24,085.24 Crore, an increase compared to Rs 22,058.39 Crore in the year-ending March 2024. The net profit for the year-ending March 2025 was Rs 2,108.15 Crore, up from Rs 1,667.17 Crore in the previous year. The EPS also increased to Rs 70.23 in March 2025 from Rs 55.81 in March 2024.

The company's balance sheet shows that as of March 2025, the share capital is Rs 29 Crore, and reserves & surplus are Rs 11,058 Crore. Current liabilities amount to Rs 6,990 Crore, and total assets stand at Rs 18,927 Crore.

Key financial ratios for Coromandel International as of March 2025 include a P/E ratio of 28.22, a P/B ratio of 5.26, and a debt-to-equity ratio of 0.02. The company has announced a final dividend of Rs 6 per share and a special dividend of Rs 3 per share, with an effective date of July 17, 2025.

The company also announced newspaper publication on 63rd AGM notice and newspaper advertisement - Notice to members about the 63rd Annual General Meeting.

With the stock currently trading at Rs 2,393.20, Coromandel International shows a positive momentum in today's early trading session.