Coromandel International Limited, an agri inputs provider, has posted a net profit of ₹525 crore in the third quarter ended December 31, 2024, as against ₹243 crore in the comparable quarter last year, registering a growth of 116 p.c.
The total Income in the quarter stood at ₹7,038 crore as against ₹5,510 crore in the correspondent quarter last year, showing a growth of 28 per cent
The company registered a net profit ₹1,552 crore for the nine months as against ₹1,510 crore in the comparable period in the last financial year, showing a growth of 3 per cent.
Its total income stood at ₹19,315 crore (₹18,281 crore) during the period, registering a growth of 6 per cent.
“Recovery in the global agrochemicals market, coupled with the strong performance of innovative, in-licensing products have supported growth in the crop protection segment. We are promoting sustainable agricultural practices to drive resource efficiency and balanced nutrition,” S. Sankarasubramanian, Managing Director and CEO of Coromandel International Limited, said.
With favourable agricultural conditions and increasing adoption of our products, we are confident of sustaining our growth momentum in the quarters ahead,” he said.
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