Coromandel International Limited (COROMANDEL) — Financial Results Announcement
Coromandel International reported record fertilizer production of 3.5 million tons and crop protection revenue of INR 3,054 crores, up 15% YoY, driven by strong domestic and export demand. The company expanded retail presence to 300+ new stores and launched 10 new products, contributing 21% of revenue. Strategic acquisitions, including a 53% stake in NACL, added INR 103 crores EBITDA. Management highlighted margin resilience amid raw material inflation and subsidy uncertainty, with full-year revenue growth of 30% and EBITDA expansion to INR 3,232 crores. Expansion projects in Senegal and Kakinada target capacity growth, while Nano DAP sales reached 42 lakh bottles. Forward-looking guidance emphasized export-driven growth and capacity utilization to sustain margins.
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About Coromandel International Limited (COROMANDEL)
Chemicals · Fertilizers & Agrochemicals · Listed on NSE
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