Coromandel Posts 54% PAT Growth in Q1, Income Rises to Rs 70.83 Bn

25 Jul 2025 CW Team

Standalone Highlights:

Total Income: Rs 70.83 Bn (up 49% YoY)
EBITDA: Rs 7.38 Bn (up 46% YoY)
PAT: Rs 5.08 Bn (up 54% YoY)

“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 S Sankarasubramanian, MD & CEO, Coromandel International.

Consolidated Results:

Total Income: Rs 71.26 Bn (vs Rs 47.83 Bn YoY)
PAT: Rs 5.02 Bn (vs Rs 3.09 Bn YoY)

Segment-wise Performance:

Nutrient & Allied Business:

Revenue grew 50 per cent YoY to Rs 63.11 Bn; EBIT stood at Rs 6.37 Bn (vs Rs 4.36 Bn). The phosphatic fertiliser business saw 31 per cent volume growth, with operations running near full capacity. The Senegal rock phosphate project is stabilised and delivering consistent supplies.

Crop Protection:

Revenue rose 31 per cent YoY to Rs 7.24 Bn; EBIT grew to Rs 1.11 Bn from Rs 630 Mn. The segment launched ten new products, including an in-licensing molecule and three 9(3) formulations.

Retail & Specialty Products:

Added 70+ new stores this quarter, targeting 1200 by year-end. Strong performance was also seen in Specialty, Organic, Bio, and Nano fertilisers.

Strategic Updates:

The Board approved acquiring an additional 17.69 per cent stake in BMCC Senegal for $7.7 million, taking Coromandel’s total shareholding to 71.51 per cent. This move strengthens backward integration in the phosphate supply chain.

Coromandel is also progressing on Phosphoric and Sulphuric Acid plants in Kakinada, with expected commissioning by Q4 FY25–26. Additionally, it has begun groundwork for a 7.5 lakh ton fertiliser granulation facility.

The company recently signed a long-term DAP supply agreement with Ma’aden, Saudi Arabia, and established a JV with Sakarni Plaster to create green building materials using phospho gypsum.

Coromandel International, a leading Indian agri solutions provider, announced robust Q1 results for the quarter ended 30th June 2025, driven by strong growth in both its fertiliser and crop protection segments.Standalone Highlights:Total Income: Rs 70.83 Bn (up 49% YoY)EBITDA: Rs 7.38 Bn (up 46% YoY)PAT: Rs 5.08 Bn (up 54% YoY)“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 S Sankarasubramanian, MD & CEO, Coromandel International.Consolidated Results:Total Income: Rs 71.26 Bn (vs Rs 47.83 Bn YoY)PAT: Rs 5.02 Bn (vs Rs 3.09 Bn YoY)Segment-wise Performance:Nutrient & Allied Business:Revenue grew 50 per cent YoY to Rs 63.11 Bn; EBIT stood at Rs 6.37 Bn (vs Rs 4.36 Bn). The phosphatic fertiliser business saw 31 per cent volume growth, with operations running near full capacity. The Senegal rock phosphate project is stabilised and delivering consistent supplies.Crop Protection:Revenue rose 31 per cent YoY to Rs 7.24 Bn; EBIT grew to Rs 1.11 Bn from Rs 630 Mn. The segment launched ten new products, including an in-licensing molecule and three 9(3) formulations.Retail & Specialty Products:Added 70+ new stores this quarter, targeting 1200 by year-end. Strong performance was also seen in Specialty, Organic, Bio, and Nano fertilisers.Strategic Updates:The Board approved acquiring an additional 17.69 per cent stake in BMCC Senegal for $7.7 million, taking Coromandel’s total shareholding to 71.51 per cent. This move strengthens backward integration in the phosphate supply chain.Coromandel is also progressing on Phosphoric and Sulphuric Acid plants in Kakinada, with expected commissioning by Q4 FY25–26. Additionally, it has begun groundwork for a 7.5 lakh ton fertiliser granulation facility.The company recently signed a long-term DAP supply agreement with Ma’aden, Saudi Arabia, and established a JV with Sakarni Plaster to create green building materials using phospho gypsum.

Technology

10 Nov 2025

Red Hat Launches EU-Based Support to Boost Digital Sovereignty

Red Hat, the global leader in enterprise open source solutions, has announced Red Hat Confirmed Sovereign Support for the 27 European Union member states. The initiative aims to strengthen digital sovereignty by offering dedicated, EU-citizen-driven technical support within the EU region. This new service provides verifiable local control over IT operations, addressing Europe’s growing need for compliance, transparency, and operational autonomy. European businesses increasingly view digital sovereignty as vital for economic resilience, AI innovation, and secure data governance amid global g..

Infrastructure Urban

10 Nov 2025

Afreximbank Funds $36.4 Million Stadium Project in Uganda

The African Export–Import Bank (Afreximbank) has extended a $36.4-million contract financing facility to Egypt’s SAMCO–National Construction Company (SAMCO) for the construction of the Akii Bua Olympic Stadium in Lira, Uganda. The project is part of Uganda’s preparations to co-host the 2027 Africa Cup of Nations (AFCON) alongside Kenya and Tanzania. The funding was granted under Afreximbank’s Engineering, Procurement and Construction (EPC) programme, which supports African contractors undertaking large-scale infrastructure projects across the continent. Signed in Cairo, the agreeme..

Infrastructure Urban

10 Nov 2025

BirlaNu Acquires Clean Coats to Boost Construction Chemicals Portfolio

BirlaNu, part of the multi-billion-dollar CKA Birla Group, has announced the acquisition of Clean Coats Private for approximately Rs 1.2 billion, marking a major step in expanding its construction chemicals and high-performance coatings business. Founded in 1999, Clean Coats is a pioneer in specialty coatings, offering epoxy and polyurethane coatings, waterproofing systems, anti-corrosion linings, and food-grade protective solutions. The company serves industrial, oil & gas, and water management sectors across India and in more than 27 countries. Backed by a strong R&D and application develop..