2 months ago
Coromandel International Reports Q1 Profit Growth
Coromandel International, a company based in Mumbai, recently shared its financial results for the first quarter of the fiscal year ending on June 30, 2026.
The company made a net profit of ₹381.56 crore, which is less than the ₹501.59 crore it made in the same period last year.
However, the company's total revenue increased to ₹8,164.77 crore, up from ₹7,042.30 crore in the previous year.
The company also had some expenses and profits before tax, which showed both increases and decreases compared to last year.
Additionally, the company decided to convert some loans into equity shares and restructure other loans.
Overall, while the company's revenue grew, its net profit decreased compared to the previous year.
Coromandel International reported a consolidated net profit after tax of ₹381.56 crore for Q1, a decrease from ₹501.59 crore in the same quarter last year.
The company's revenue from operations increased to ₹8,164.77 crore, up from ₹7,042.30 crore in the prior-year quarter.
Total consolidated income for the quarter was ₹8,214.58 crore, compared to ₹7,126.04 crore in the year-ago period.
Total consolidated expenses for the quarter rose to ₹7,700.90 crore, from ₹6,448.72 crore in the quarter ended 30 June 2025.
The company approved the conversion of loans amounting to ₹108 crore into equity shares of Coromandel Chemicals Limited.
- Who
- Coromandel International
- What
- Reported financial results for Q1
- Where
- Mumbai
- When
- Quarter ended 30 June 2026
- Why
- To inform stakeholders about the company's financial performance
Positive Financial Performance
Decreased Profitability
Revenue Growth
Positive Financial Performance
The company's revenue from operations increased significantly to ₹8,164.77 crore, up from ₹7,042.30 crore in the previous year.
Decreased Profitability
Despite the revenue growth, the net profit after tax decreased to ₹381.56 crore from ₹501.59 crore in the same quarter last year.
Profit Before Tax
Positive Financial Performance
The profit before tax increased to ₹513.68 crore, showing an improvement from the previous year.
Decreased Profitability
However, this is still lower than the ₹677.28 crore reported in the corresponding quarter last year.
Key facts
- Consolidated PAT
- ₹381.56 crore
- Revenue from Operations
- ₹8,164.77 crore
- Total Consolidated Income
- ₹8,214.58 crore
- Total Consolidated Expenses
- ₹7,700.90 crore
- Profit Before Tax
- ₹513.68 crore
- Earnings Per Share
- ₹12.92
- Exceptional Loss
- ₹70.56 crore
- Loan Conversion
- ₹108 crore
- Loan Restructuring
- USD 9.70 million
Sources
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