Hyderabad 24th July 2025 ( TGN ): Coromandel International Limited (BSE: 506395, NSE: COROMANDEL), India’s leading Agri solutions provider is in the business of Fertilisers, Crop Protection Chemicals, Bio products, Specialty Nutrients, Organic Fertilizer and Retail. Coromandel has strengthened its presence in the
Agri-retail sector and also made significant strides in the emerging Agri-drone spraying services.
The Company has reported the financial results for the quarter ended 30th June 2025.
Highlights – Standalone Results:
• Total Income in Q1 was at Rs. 7,083 Cr vs Rs. 4,768 Cr over previous year, registering a growth of 49%.
• EBITDA for Q1 was Rs. 738 Cr vs. Rs. 507 Cr in Q1 of previous year, registering a growth of 46% over Q1 of previous year.
• PAT for Q1 was Rs. 508 Cr vs Rs. 331 Cr in Q1 of previous year, registering a growth of 54%.
“Coromandel made a strong beginning to the season, registering growth across the businesses, driven by procurement efficiencies, operational excellence and effective marketing initiatives. Performance was aided by an early monsoon onset that resulted in higher crop sowings and improved agri inputs consumption.” said Mr. S Sankarasubramanian, Managing Director & CEO, Coromandel International Limited.
Consolidated Results
Coromandel’s total income for the quarter ended June 2025 was at Rs. 7,126 Cr vs. Rs. 4,783 Cr for the quarter ended June 2024. The profit after tax for the quarter was at Rs. 502 Cr as against Rs. 309 Cr for the quarter ended June 2024.
Review of Businesses
Nutrient and Allied Business
The Standalone Revenue for the quarter ended June 2025 was at Rs. 6,311 Cr as against Rs. 4,198 Cr for the quarter ended June 2024, registering a y-o-y growth of 50%. Profit before interest and tax for the quarter was Rs. 637 Cr vs. Rs. 436 Cr for the quarter ended June 2024.
Crop Protection Business
The Standalone Revenue for the quarter ended June 2025 was at Rs. 724 Cr as against Rs. 551 Cr for the quarter ended June 2024, registering a y-o-y growth of 31%. Profit before interest and tax for the quarter was Rs. 111 Cr vs. Rs. 63 Cr for the quarter ended June 2024.
Company’s phosphatic fertiliser business recorded 31% volume growth, improving its presence in existing and new markets. Plants operated close to full capacity with enhanced production of intermediates.
The rock phosphate project at Senegal has stabilised and is delivering consistent rock supplies to phosphoric acid plants in India.
Crop Protection segment sales and margins grew by 31% and 75% respectively during the quarter, led by strong performance in domestic and international markets. The business introduced ten new products including an in-licensing molecule and three 9(3) formulations, strengthening its portfolio offerings.
The Retail business continued its expansion, adding 70+ stores during the quarter and is on track to increase its footprint to 1200 stores by year end. Speciality & Organic, Bio, Nano fertilisers and Gromor Drive businesses also delivered robust set of numbers, strengthening the company’s integrated crop management approach.
Update on Strategic Initiatives
In its meeting held today, the Board of Directors of the Company approved acquisition of additional 17.69% issued share capital of Baobab Mining and Chemicals Corporation SA, Senegal (BMCC) through its wholly owned subsidiary, Coromandel Chemicals Limited (CCL), for a consideration of $ 7.70 million, which will take overall shareholding in BMCC to 71.51%.
“The acquisition of additional stake in BMCC is a strategic move to further strengthen our backward integration in the phosphates value chain. With this, Coromandel is reinforcing its commitment to securing vital raw material sources and ensuring long-term supply chain resilience. Our backward integration projects for Phosphoric and Sulphuric Acid plants at Kakinada are progressing well and likely to be commissioned by Q4 of FY25-26. We have also initiated groundwork for setting up a 7.5 lakh ton fertiliser granulation facility at Kakinada.” said Mr. S Sankarasubramanian.
Coromandel has recently signed a long-term agreement with Maaden, Kingdom of Saudi Arabia based leading fertiliser player, for securing DAP shipments to India. Company has also set up a joint venture with Sakarni Plaster to manufacture and market Phospho Gypsum based green building materials by utilising its industrial by-product.
About Coromandel
Coromandel International Limited is amongst India’s pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain. It operates in two major segments: Nutrient and other allied businesses and Crop Protection. These include Fertiliser, Crop Protection, Bio Products, Specialty Nutrients and Organic businesses. The Company is 2nd largest manufacturer and marketer of Phosphatic fertiliser in India. The Company’s Crop Protection products are marketed in India as well as in international geographies, offering wide range of technical and formulation products. The Specialty Nutrients business of the Company focuses on water soluble fertiliser, secondary & micronutrients and nano fertiliser products. The Company is leading marketer of Organic fertiliser in India. The Bio Products business of the company focusses on plant extractions for various applications. It also operates a network of around 900+ rural retail outlets across Andhra Pradesh, Telangana, Karnataka and Tamil Nadu. Through these Retail outlets, the Company offers agri inputs and farming services including crop advisory, soil testing and farm mechanization to around 3 million farmers. The Company has 7 R&D centers and a strong Regulatory setup, supporting the businesses in process development and new product introduction.
The Company has 18 manufacturing facilities, spread widely across India, producing wide range of Nutrient and Crop Protection products, which are marketed through an extensive network of dealers and its own retail centers.
The Company clocked a turnover of Rs. 24,444 Crores during FY24-25. Its efforts towards environment have been well recognized by international organizations like UNDP and has also been voted as one of the ten greenest companies in India by TERI. Coromandel is a part of the INR 778 billion (INR 77,881 Crores) of the Murugappa Group.
For more details, visit www.coromandel.biz
About Murugappa Group
A 124-year-old conglomerate with presence across India and the world, the INR 778 billion (77,881 crore) Murugappa Group has diverse businesses in agriculture, engineering, financial services and more.
The Group has 9 listed companies: Carborundum Universal Limited, CG Power & Industrial Solutions Limited, Cholamandalam Financial Holdings Limited, Cholamandalam Investment & Finance Company Limited, Coromandel International Limited, EID Parry (India) Limited, Shanthi Gears Limited, Tube Investments of India Limited and Wendt India Limited. Other major companies include Cholamandalam MS General Insurance Company Limited and Parry Agro Industries Limited. Brands such as Ajax, Hercules, BSA, Montra, Montra Electric, Mach City, Chola, Chola MS, CG Power, Shanthi Gears, CUMI, Gromor, Paramfos, Parry’s are part of the Group’s illustrious stable.
Abrasives, technical ceramics, electro minerals, electric vehicles, auto components, fans, transformers, signalling equipment for railways, bicycles, fertilisers, sugar, tea and several other products make up the Group’s business interests.
Guided by the five lights — integrity, passion, quality, respect and responsibility — and a culture of professionalism, the Group has a workforce of over 83,500 employees.
For more details, visit www.murugappa.com
