Coromandel International reported a net profit of ₹508 crore for the first quarter of the financial year 2025-26, marking a 54% increase from ₹331 crore in the same quarter last year. The rise was driven by strong sales and operational efficiency, the fertiliser company said on Thursday.The company’s total income for the quarter ended June 2025 stood at ₹7,126 crore, compared to ₹4,783 crore in the corresponding period last year.
Managing Director and CEO S. Sankarasubramanian said the company made a strong start to the season, recording growth across business segments. He credited this to efficient procurement, operational excellence, and effective marketing.
He also noted that the early arrival of the monsoon led to increased crop sowing, which boosted the use of agricultural inputs.
In another development, Coromandel’s Board of Directors approved the acquisition of an additional 17.69% stake in Baobab Mining and Chemicals Corporation SA (BMCC), Senegal. The deal, valued at $7.70 million, will be executed through Coromandel’s wholly-owned subsidiary, Coromandel Chemicals Limited (CCL), and will raise its total shareholding in BMCC to 71.51%.