Coromandel International Q1 net falls 26% despite higher revenue
Coromandel International reported a 26% year-on-year decline in standalone net profit to ₹377 crore for the June quarter, impacted by rising raw material costs linked to the West Asia crisis. Despite this drop, total income increased by 10% to ₹7,000 crore, indicating strong revenue generation. The company's fertiliser business faced significant pressure due to these elevated costs, which may affect future profitability.