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.

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