Economy

Coromandel International’s Q4 PAT up by 2.5 times at ₹578 crore

Higher sales volumes and improved operational efficiency have driven the consolidated net profit of Coromandel International for the quarter ended March 31, 2025. 

The company reported a consolidated net profit of ₹578 crore in the quarter as against ₹164 crore in the same quarter last year, showing an increase of over two-and-half times.

“The nutrient and crop protection segments witnessed robust growth, complemented by encouraging farmer response to our new initiatives like Gromor Drive. The retail business expanded its footprint with 100 new stores, making a foray into Maharashtra and Tamil Nadu, crossing the 900-store mark,” S Sankarasubramanian, Managing Director & CEO, Coromandel International Limited, said.

“The upcoming Phosphoric acid and sulphuric acid project at Kakinada is progressing as per plan and will be commissioned early next year. The setting up of the new Granulation Train at Kakinada will ensure the availability of high-quality NPK fertilisers,” he said.

Coromandel’s total income for the quarter ended March 2025 stood at ₹5,114 crore as against ₹3,996 crore in the corresponding quarter previous year, showing a growth of 28 per cent.

For the full year, the Murugappa group company reported an increase of 25 per cent at ₹2,055 crore as against ₹1,641 crore in the previous year. During the period, it reported a total income of ₹24,444 crore (₹22,290 crore), showing a growth of 9.6 per cent.

Dividend

The board has recommended a final dividend of Rs. 9 per share for the financial year 2024-25. Natarajan Srinivasan has been appointed as the Executive Vice-Chairman of the company.

“With strong fundamentals and a committed team, we are confident of sustaining growth and contributing meaningfully to Indian agriculture and the Aatmanirbhar Bharat vision,”  Sankarasubramanian said.

Published on April 30, 2025

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