ALPHA TRIBE

Coromandel International LimitedBoard Meeting, 24-07-2025: Outcome of Board Meeting

24-07-2025 | 01:53 pm

Coromandel International's Board has approved strong financial results for the quarter ended June 30, 2025, with consolidated revenue at ₹7,126 Cr and net profit at ₹501.6 Cr. The company is boosting its raw material security by acquiring an additional 17.69% stake in Senegal's Baobab Mining for ₹63.9 Cr, increasing its ownership to 71.51%. Further, a new ₹137 Cr bagging plant at Kakinada was greenlit, expected to enhance efficiency within 18 months. The Board also noted a change in Senior Management.

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