By: ICN Bureau
Last updated : January 31, 2026 10:17 am
The Profit after tax for YTD December 2025 was at Rs. 1,784 crore as against Rs. 1,476 crore in the corresponding period of the previous year
Agri-solutions provider Coromandel International reported consolidated net profit for the December quarter lower by nearly 4 per cent to Rs. 488 crore compared to Rs. 508 crore a year earlier. The lower net profit came on almost 26% increase in total income to Rs. 8,863 crore in Q3 FY26 as compared to Rs. 7,049 crore in Q3 FY25. The company has declared an interim dividend of Rs. 9 per equity share (face value of Rs. 1 each).
For the 9 months period ended December 31, 2025, Coromandel reported total income of Rs. 25,759 crore vs. Rs. 19,330 crore in the corresponding period of the previous year. The Profit after tax for YTD December 2025 was at Rs. 1,784 crore as against Rs. 1,476 crore in the corresponding period of the previous year.
Commenting on the results, S. Sankarasubramanian, MD & CEO, Coromandel International mentioned, “Coromandel delivered a resilient performance during the quarter despite a challenging business environment marked by late monsoon withdrawal, along with surge in raw material prices and sharp rupee depreciation. Company’s fertiliser plants operated at full capacity, delivering record quarterly production of 1.0 million tons of NPKs. Business maintained its market leadership in the phosphatic fertiliser segment, registering cumulative sales of 3.6 million tons and achieving 10% volume growth during the year.
“The Crop Protection segment reported a strong performance, benefiting from favourable demand for its key molecules across export and domestic markets.
“The company’s Retail business continued to expand its footprint in existing and new geographies, with the addition of over 250 stores during the year.”
The company’s backward integration projects – Sulphuric acid and Phosphoric acid plants - are progressing as per schedule and planned to be commissioned in Q4 FY26. The fertiliser capacity expansion project at Kakinada is progressing well and remains on track for completion in Q4 FY27.
During the quarter, the company, through its wholly owned subsidiary, has set up a joint venture company ‘Stuccoedge India Private Limited’ for manufacture and sale of Phospho-Gypsum based products. It has also initiated work for setting up water soluble fertiliser plant at Vizag.
The Crop Protection business during the quarter performed better. Coromandel expanded capacity of its key technical molecule and is further working on additional capacity augmentation. During the quarter, the company’s subsidiary, NACL Industries Limited, successfully completed a Rs 249 crore Rights Issue.