Coromandel International Q4 profit jumps over 3-fold; board approves ₹6 per share dividend payout

Agrochemicals major Coromandel International, on Wednesday reported a consolidated net profit of ₹578.46 crore for the fourth quarter of FY25, marking a significant over 3-fold jump from ₹163.92 crore in the same quarter last year.

Total income for the fourth quarter stood at ₹5,114.34 crore, reflecting a 28.72% increase compared to ₹3,996.25 crore in the corresponding period of FY24. The company’s total expenses also rose to ₹4,714.65 crore, up from ₹3,764.40 crore, indicating higher costs amid increased activity and expansion initiatives.

For the entire financial year 2024–25, the company posted a consolidated net profit of ₹2,054.71 crore, rising 25.23% from ₹1,640.64 crore in the previous fiscal.

The company’s Board of directors have also approved a final dividend of ₹6/- per equity share on the face value of ₹1/- per equity share and additionally a special dividend of ₹3/- per equity share on face value of ₹1/- each.

The board has approved an equity infusion in Coromandel Chemicals up to ₹65 crore towards exploring joint venture opportunities for gypsum-based building material products as a part of diversification and long-term strategy.

The final and special dividend will be paid on or before, August 23, 2025, but within 30 days from the declaration.The record date fixed for determining the members eligible to receive the dividend is July 17, 2025.

Commenting on the performance, the company's Managing Director and CEO S Sankarasubramanian said, "Our growth was supported by higher sales volumes, improved operational efficiency, and disciplined execution of strategic initiatives. The nutrient and crop protection segments witnessed robust growth. The retail business expanded its footprint with 100 new stores and entry into Maharashtra and Tamil Nadu, crossing the 900-store mark”, he said.

The CEO said the upcoming phosphoric acid and sulphuric acid project at Kakinada is progressing as per the plan and will be commissioned early next year.

In crop protection, capacity enhancements at Dahej and the new plant at Ankleshwar are building scale, while the NACL acquisition will expand the product portfolio and market presence internationally, the CEO added.

Shares of Coromandel International Limited closed 1.85% lower at ₹2,210.20 apiece on the NSE. The stock has declined by 1.38% over the past 5 days. In contrast, it has recorded a notable gain of 7.86% in the past month.

Coromandel International's 52-week high is ₹2,296.00, while its 52-week low is ₹1,170.00.