Coromandel International Q4FY25 net profit jumps to Rs 578 cr
The company's consolidated total income during the quarter was Rs. 5,114 crore as compared Rs. 3,996 crore in Q4 of previous year, the company said in a statement.
However, for the year ended March 31, 2025, the company's consolidated net profit was Rs. 2,055 crore as against Rs. 1,641 crore in previous year..
The Company operates across diverse segments including Fertilisers, Crop Protection Chemicals, Bio Products, Specialty Nutrients, and Organic Fertilisers. Coromandel has also strengthened its presence in the Agri-retail sector and made significant strides in the emerging Agri-drone spraying services.
The Board of Directors of the company has approved the financial results of the company for the quarter and year ended 31st March 2025.
Additionally, the Board has recommended a final dividend of Rs. 9 per share (900% on face value of Rs. 1 per equity share) for the financial year 2024-25.
The Board has also approved the appointment of Natarajan Srinivasan as Executive Vice Chairman.
Commenting on the financial results, S Sankarasubramanian, Managing Director & CEO, Coromandel International Limited said, We are pleased to report a strong performance for FY24-25, driven by sustained momentum across our businesses. Our growth was supported by higher sales volumes, improved operational efficiency, and disciplined execution of strategic initiatives.
Our Nutrient and Crop Protection segments witnessed robust growth, complemented by encouraging farmer response to our new initiatives like Gromor Drive – Agri drone spraying and Nano fertilisers.
The Retail business expanded its footprint with 100 new stores and entry into Maharashtra and Tamil Nadu, crossing the 900-store mark, he said.
On the manufacturing front, rock production at our mining site BMCC, Senegal stabilised, and we increased our stake to 53.8 percent. The upcoming Phosphoric acid and sulphuric acid project at Kakinada (Andhra Pradesh) is progressing as per plan and will be commissioned early next year, Sankarasubramanian said.
Alongside this, the setting up of the new Granulation Train at Kakinada aligns with our commitment to ensure availability of high-quality NPK fertilisers to the farming community across India. These projects are aligned with our vision of achieving greater self-reliance in phosphatic fertilisers and building a more resilient, integrated supply chain, the Coromandel International CEO said.
In Crop Protection, capacity enhancements at Dahej and the new plant at Ankleshwar are building scale, while the NACL acquisition will expand our product portfolio and market presence internationally, he added.
UNI KNR CS
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Indian Express
10 minutes ago
- New Indian Express
Alleging irregularities in flower market leasing, AIADMK councillors walk out of Salem corpn meeting
SALEM: Alleging irregularities in the leasing process of the VOC Flower Market complex, AIADMK councillors led by party's leader of opposition in the council N Yadavamoorthy walked out of the Salem City Municipal Corporation's monthly council meeting, on Friday. The meeting was chaired by Mayor A Ramachandran, along with Deputy Mayor M Saradha Devi and Salem City Corporation Commissioner M Elangovan. The AIADMK councillors strongly opposed the corporation's move to lease the flower market shops directly to vendors. The complex, developed under the Smart City project under the AIADMK regime, was originally leased to a private party. After the private party withdrew from the contract, the corporation invited fresh tenders and decided to handle the leasing by itself. AIADMK councillors said the corporation is now demanding advance payments of up to Rs 8 lakh and monthly rents of up to Rs 20,000 from vendors. They argued that such high costs would be unaffordable for small flower sellers who have been operating at the market for decades.
India.com
10 minutes ago
- India.com
'Rani Kapur is neither director nor shareholder…,' new twist in Sunjay Kapur's family saga over Rs 300000000000 property dispute
'Rani Kapur is neither director nor shareholder…,' new twist in Sunjay Kapur's family saga over Rs 300000000000 property dispute Bollywood actress Karisma Kapoor's ex-husband Sunjay Kapur's sudden death has left everyone in shock. He died on June 12, 2025. A new chapter has unfolded in the ongoing family feud surrounding the Rs 30,000 crore estate of late businessman Sanjay Kapur. Just before the family-owned Sona Comstar's annual general meeting (AGM), Rani Kapoor, Sanjay Kapur's mother, made a bold claim that she holds the majority stake of the Sona Group and is the rightful owner of the estate. What is the new twist in the Sunjay Kapur family dispute? In a sharp and definitive rebuttal, the group's flagship company Sona BLW Precision Forgings Ltd clarified that Rani Kapoor is not a director or shareholder in the company. Additionally, she has not served as a board member since 2019. Furthermore, Auto components manufacturer Sona BLW Precision Forgings Ltd (Sona Comstar) stated that it did not delay the Annual General Meeting (AGM), even though it received an email from Rani Kapur, the company's former Chairperson and widow of the late industrialist Dr. Surinder Kapur. Is Rani Kapur a shareholder in the Kapur family-owned Sona Group? The company acknowledged that it received an email from Rani Kapur in the late hours of July 24, 2025, requesting to adjourn the Annual General Meeting (AGM) scheduled for the next day. The company asserted that the request was reviewed seriously, and urgent legal advice was sought before making a final decision. 'Late on 24 July 2025, an email was received from Mrs. Rani Kapur requesting a deferment of the AGM. Given our respect for Mrs. Kapur, the Company sought urgent legal advice from one of India's most reputed law firms in relation to the legality of proceeding with the AGM of the Company.' What are the claims made by Sunjay Kapur's mother, Rani Kapur? This new development has brought additional drama to the ongoing legal and family feud over the massive inheritance. In her letter, she claimed that she was coerced into signing papers while grieving her son's death, and suggested important decisions were made in her name without her actual consent. She also expressed doubt over the appointment of certain people to the board, including her daughter-in-law, Priya Sachdev Kapur. Rani Kapur sent her letter to the board of directors, the shareholders and SEBI (Securities and Exchange Board of India). Subsequently, the company's share price slid further down, escalating the ongoing contested family argument. In another claim, she alleged that the incident, reported as a cardiac arrest during a polo match, is being wrongly labelled, and the actual facts point to something 'far more troubling.''For my client, as a mother, it's deeply painful to watch this being dismissed as a mere freak accident and cardiac arrest. The truth doesn't match the headlines,' her legal counsel, senior advocate Vaibhav Gaggar was quoted as saying by news agency ANI. He further stated, 'She would not stay silent until that truth is acknowledged,' he added. Rani Kapur has also claimed that soon after her son's death, she was coerced into signing certain documents under distress. Who was Sunjay Kapur, and how was he related to Karisma Kapoor? Sunjay Kapur reportedly died after suffering a heart attack while playing polo in London, United Kingdom, on June 12 of 2025. Kapur's final rites were performed at the Lodhi Road Cremation Ground in South Delhi on June 19, with family and close associates present. Sunjay Kapur was the chairman of Sona Comstar. He married Karisma Kapoor in 2003. The couple became parents to their daughter, Samaira, in 2005 and their son, Kiaan, in 2011. In 2014, Karisma and Sunjay filed for divorce by mutual consent, and their divorce was finalised in 2016. After the separation, Sunjay married Priya Sachdev. The couple welcomed a son, Azarias, after they got married. Sanjay Kapur reportedly owned assets worth over Rs 12,000 crore, and managing such a vast empire could now become a significant challenge.
Time of India
10 minutes ago
- Time of India
Cloud software firm Amagi files for IPO, plans to raise Rs 1,020 crore
Cloud software firm Amagi Media Labs has filed draft papers with the Securities and Exchange Board of India (Sebi) to launch its initial public offering ( IPO ).The Bengaluru-based company plans to raise Rs 1,020 crore via fresh capital. Key investors including Norwest Venture Partners, Accel , and Premji Invest will offload up to 34.2 million shares through an offer for sale (OFS). Proceeds from the IPO will push Amagi's investment in technology and cloud provides cloud-native solutions for broadcasters and streaming platforms worldwide.
