Coromandel International Limited — Updates, 30-01-2025: Press Release

Coromandel International Limited has posted a strong performance in Q3 FY25, with total income rising 28% to ₹7,038 Cr compared to ₹5,510 Cr for the same quarter last year. EBITDA surged 103% to ₹727 Cr, while PAT increased significantly by 116% to ₹525 Cr. For the year-to-date (YTD) December 2024, income reached ₹19,315 Cr, a 6% growth year-on-year.

The Nutrient and Allied Business reported a quarterly revenue of ₹6,363 Cr, an increase from ₹4,892 Cr last year, with profit before interest and tax soaring to ₹635 Cr. The Crop Protection segment also observed positive performance, with revenues of ₹631 Cr compared to ₹612 Cr last year.

The company's strategy includes expanding its retail network and enhancing production capabilities, notably with a new NPK granulation train set to increase fertiliser manufacturing. Coromandel International's robust growth is underpinned by favorable agricultural conditions and a strong push towards sustainable practices, presenting a positive outlook for sustained growth going forward.