Coromandel International Limited Reports Strong Q1 Results
Mumbai: Coromandel International Limited, India’s leading Agri solutions provider, has announced its financial results for the quarter ended June 30, 2025. The company has reported a strong performance across its businesses, driven by procurement efficiencies, operational excellence, and effective marketing initiatives.
Key Highlights
- Total Income: Rs. 7,083 crore, up 49% year-over-year
- EBITDA: Rs. 738 crore, up 46% year-over-year
- Profit After Tax (PAT): Rs. 508 crore, up 54% year-over-year
Business Performance
- Nutrient and Allied Business: Revenue grew 50% year-over-year to Rs. 6,311 crore, driven by strong demand and efficient operations. Profit before interest and tax increased to Rs. 637 crore.
- Crop Protection Business: Revenue increased 31% year-over-year to Rs. 724 crore, with sales and margins growing 31% and 75%, respectively. The business introduced ten new products, strengthening its portfolio offerings.
Strategic Initiatives
- Acquisition of Additional Stake in BMCC: The Board of Directors approved the acquisition of an additional 17.69% stake in Baobab Mining and Chemicals Corporation SA, Senegal, for $7.70 million, taking the overall shareholding to 71.51%.
- Backward Integration Projects: The company’s phosphoric and sulphuric acid plants at Kakinada are progressing well and likely to be commissioned by Q4 FY25-26.
- New Agreements: Coromandel has signed a long-term agreement with Maaden, Kingdom of Saudi Arabia, for securing DAP shipments to India and set up a joint venture with Sakarni Plaster to manufacture and market Phospho Gypsum-based green building materials.
The company’s strong performance and strategic initiatives are expected to drive growth and profitability in the coming quarters. With its diversified product portfolio and expanding presence in the Agri-retail sector, Coromandel is well-positioned to capitalize on the growing demand for agricultural solutions in India.
