Coromandel International reports financial decline in Q3 FY24 amidst market challenges

Coromandel International reports financial decline in Q3 FY24 amidst market challenges

Coromandel International Limited (BSE: 506395, NSE: COROMANDEL), a leading Indian Agri solutions provider, has reported its financial results for the quarter ended 31st December 2023. The company, which operates in sectors like Fertilisers, Crop Protection Chemicals, and Organic Fertilizer, witnessed a significant downturn in its financial performance, reflecting broader market challenges. For the quarter ending […]

Coromandel International launches nanotechnology center in Coimbatore

Coromandel International launches nanotechnology center in Coimbatore

Coromandel International Limited, a leader in India’s agricultural solutions industry, has unveiled its new Coromandel Nanotechnology Center in Coimbatore, Tamil Nadu. This center is dedicated to the development of a wide range of nano-enabled agro-inputs for plant nutrition and crop protection, marking a significant advancement in agricultural technology. The Coromandel Nanotechnology Center, the company’s sixth […]

Coromandel International financial results: Q2 FY 24 shows resilience despite challenges

Coromandel International financial results: Q2 FY 24 shows resilience despite challenges

Coromandel International Limited, a pivotal player in India’s agricultural sector, has unveiled its financial results for the quarter that wrapped up on September 30, 2023. At the forefront of fertilisers, bio products, and crop protection chemicals, the company’s latest financial performance paints a detailed portrait. Standalone Results Illuminate Declines and Growth Total Income Sees a […]

Coromandel International unveils Rs 400cr Sulphuric Acid Plant in Visakhapatnam

Coromandel International unveils Rs 400cr Sulphuric Acid Plant in Visakhapatnam

In a move geared towards backward integration and self-sufficiency, Coromandel International Limited, a prime agri-input solution company and the paramount phosphatic fertilizer entity in India’s private sector, launched its cutting-edge Sulphuric Acid facility. The state-of-the-art plant, situated at their fertilizer complex in Visakhapatnam, was erected with an investment of INR 400 Crores. This facility holds […]

Coromandel International reports steady Q1 growth amid business challenges

Coromandel International reports steady Q1 growth amid business challenges

Coromandel International Limited, a prominent agri-solutions provider in India, has released its financial results for the quarter ending on 30th June 2023. The company, which operates in the business of Fertilisers, Crop Protection Chemicals, Bio products, Specialty Nutrients, Organic Fertilizer, and Retail, showed a slight decrease of 1% in total income compared to the previous […]

Coromandel to acquire stake in Senegalese rock phosphate miner BMCC

Coromandel to acquire stake in Senegalese rock phosphate miner BMCC

India-based Coromandel International has agreed to acquire a stake of 45% in Baobab Mining and Chemicals Corporation (BMCC), a Senegalese rock phosphate mining company, for $19.6 million (INR 150 crores). Apart from the consideration, Coromandel International will provide a loan of $9.7 million (INR 75 crores) to Baobab Mining and Chemicals. The Indian phosphatic fertilizer […]