Coromandel International Q4 net slumps 80% to ₹115 crore

Agriculture solutions provider Coromandel International reported consolidated net profit for March quarter plunged 80% to ₹115 crore compared to ₹578 crore a year earlier.

The lower net profit came on a 19% increase in total income to ₹6,068 crore (₹5,114 crore). Under exceptional items, the company reported a ₹70.56 crore loss as against ₹346.77 crore gain in the corresponding period of previous fiscal.

For the fiscal ended March, the net profit was 8% lower at ₹1,898 crore (₹2,055 crore) on a total income which was 30% higher at ₹31,827 crore (₹24,444 crore).

₹2 dividend

The company declared a final dividend of ₹2 per equity share (face value of ₹1 each). Earlier, in February, the company had paid an interim dividend of ₹9 per share.

“Coromandel’s nutrient business delivered a steady performance in FY26, navigating a dynamic operating environment marked by supply disruptions, volatile raw material prices and sharp currency movements. During the year, the company strengthened its position in the phosphatic fertiliser segment, registering 7% growth and achieving sales of 4.3 million tonnes,” MD and CEO S. Sankarasubramanian said in a release.

The crop protection business recorded strong momentum during the year delivering 16% revenue growth with 55% rise in profitability. It was supported by sustained traction for key molecules, improved volume offtake in exports and new product introductions in domestic markets, he said.

Subsidiary NACL Industries achieved a turnaround during the year through focused operational improvements and reported a 28% increase in revenue and returned to profitability, Coromandel said.