Page 2 - Coromandel International

Coromandel International Q4 results: Profit falls 35% to Rs 163 crore

Revenue from operations fell about 28% to Rs 3,913 crore, making it the company's fourth consecutive quarter of decline

Arun Alagappan appointed as executive chairman of Coromandel International

His appointment comes as A. Vellayan retires from the position of chairman and non-executive director with effect from the close of Wednesday

Coromandel Int'l delivers 200 drones to women SHGs to modernise farming

Prime Minister Narendra Modi virtually hand over 1,000 drones, including 200 drones supplied by Coromandel International, to the members of various SHGs

We expect price moderation if geopolitical tensions ease: Arun Alagappan

As we enter the rabi season, a good monsoon is expected, leading to robust sowing and increased fertiliser use. Overall, the year should be positive, with early June rains forecasted

No ammonia emission in Ennore plant area in Dec: Coromandel International

An expert who conducted the audit stated that the chances of line pressurisation beyond the design condition are not a credible scenario

Coromandel International Q3 results: Net profit down 57% at Rs 228 cr

The Nutrient Based Subsidy (NBS) rates for the Rabi season underwent a steep downward revision which, coupled with the rising raw material prices, further impacted the industry's performance

Ammonia gas leak: Coromandel International Limited shut down temporarily

The leak has been fully plugged and there is no cause for concern, the Tamil Nadu Pollution Control Board (TNPCB) said, following protests by people who sought closure of the plant

State govt will bear medical expenses of those affected in Ennore gas leak

According to DIG, Joint Commissioner Avadi, Vijayakumar, "There are no more gas (ammonia) leaks at Ennore. People are back home. Medical and police teams are present at the spot"

Coromandel International Q2 results: Net profit rises 2% to Rs 755 crore

Coromandel's total income for the quarter ended September 2023 was at Rs 7,033 crore, versus Rs 10,145 crore for the quarter ended September 2022

Coromandel commissions Rs 400 cr sulphuric acid unit in Visakhapatnam

Fertiliser firm says it will also set up desalination plant to meet its requirements

Coromandel arm Dhaksha bags Rs 165 crore drone order for Indian army

Recently, Dhaksha also secured a contract from agricultural inputs cooperative Iffco to supply 400 agri-spraying drones

Coromandel International outlines Rs 2,000 crore capital expenditure in Q1

During the first quarter of the financial year, the company had posted profit before interest and tax for the quarter was Rs 55 crore

Coromandel International posts consolidated net profit of Rs 494 cr in Q1

Coromandel's total income for the quarter ended June 2023 was also down marginally to Rs 5,738 crore versus Rs 5,783 crore for the quarter ended June 2022

Murugappa Group posts 24% rise in net profit to Rs 6,846 crore in 2022-23

The group registered a growth of 35.8 per cent in turnover during the year to Rs 74,220 crore compared to Rs 54,648 crore in 2021-22

Coromandel International buys 32.68% in drone major Dhaksha for Rs 204 cr

The Murugappa Group had earlier acquired 18.34 per cent in Daksha through its investment arm Dare Ventures

Murugappa's Coromandel International plans Rs 2K cr investment by 2025

Murugappa Group firm says government's 'One Nation, One Fertiliser' scheme has no impact on its business

Coromandel International posts Q4 consolidated net at Rs 246.44 crore

Agriculture solutions provider Coromandel International has reported consolidated net profit at Rs 246.44 crore for the quarter ending March 31, 2023, the company said on Tuesday. The consolidated net profit stood at Rs 289.79 crore recorded in the corresponding quarter of the previous year. For the year ending March 31, 2023, the consolidated net profit surged to Rs 2,012.93 crore from Rs 1,528.46 crore recorded in the corresponding quarter of the previous year. Total income during the January-March 2023 quarter on a consolidated basis stood at Rs 5,522.68 crore as against Rs 4,303.60 crore recorded in the corresponding quarter of the previous year. For the year ending March 31, 2023 the consolidated total income went up to Rs 29,799.03 crore from Rs 19,255.12 crore registered a year ago. The Board of Directors had approved the financial results of the company for the quarter and year ended March 31, 2023. The Board has recommended a final dividend of Rs 6 per share for the fina

Fertiliser firm Coromandel International's Q4 profit up 18% at Rs 290 cr

Company says 'strong growth' in products portfolio helped performance

Coromandel International posts 15% YoY drop in Q4 PAT amid rise in costs

Indian agricultural chemicals maker Coromandel International Ltd reported a 15% fall in its quarterly profit on Monday, as soaring costs offset growing demand

Coromandel International to enter into fertilisers, industrial chemicals

Coromandel International Ltd, which is into fertilisers and crop protection chemicals businesses, on Wednesday said it will diversify into speciality and industrial chemicals. Coromandel International is in the business of fertilisers, crop protection chemicals, bio-products, speciality nutrients, organic fertilisers and retail. In a statement, the company said that its Board approved a plan to expand its operations in crop protection chemicals and foray into Contract Development & Manufacturing Organisation (CDMO) business. The Board also approved the plan to diversify into new growth areas, namely speciality and industrial chemicals. "This is in line with the company's strategy to establish a sizeable presence in the crop protection chemicals business and leverage its deep technical capabilities and best-in-class infrastructure to enter into adjacencies like CDMO, speciality and industrial Chemicals," it added.