Coromandel International Q4 Profit Soars 262% to ₹579.7 Crore

30 Apr 2025 , 05:17 PM

Coromandel International Ltd registered strong financial numbers in the quarter ending March 2025 with consolidated net profit increasing to ₹579.7 crore from a huge spike of ₹160.3 crore in the corresponding year-ago quarter.  Quarterly revenues were 28% higher year on year at ₹4,988.4 crore from ₹3,912.7 crore in Q4 FY24.

EBITDA expanded 56% YoY at ₹426.4 crore compared to ₹273.7 crore in the comparable quarter last year. Operating company margin was up at 8.55% compared to 7% in the comparable quarter last year due to better price management and cost discipline.

Board of Directors declared total dividend of ₹9 per equity share for FY25 comprising a final dividend of ₹6 and special dividend of ₹3 per share. Date of record for entitlement is July 17, 2025 and dividend will be dispatched on or before August 23, 2025.

In a strategic move, board of Coromandel approved an up to ₹65 crore equity investment in the company’s wholly owned subsidiary Coromandel Chemicals Ltd.

Funds will be utilized to drive joint venture business prospects in the gypsum-based building materials business, entry into a new vertical by company and expansion of company’s long-term growth plan. This diversified approach is as per Coromandel’s quest for sustainable growth in excess of its mainstream fertiliser and agri-inputs business.