Coromandel International Limited one of India’s leading agri-solutions providers, has announced its financial results for the quarter and nine months ended December 31, 2025. The company continues to strengthen its leadership across fertilisers, crop protection, bio-products, specialty nutrients, organic fertilisers, and agri-retail, while advancing digital initiatives such as agri-drone spraying to enhance sustainability and farm productivity.

For the quarter ended December 2025 (Q3 FY26), Coromandel reported total income of Rs. 8,863 crore, compared with Rs. 7,049 crore in the same quarter last year. Profit after tax stood at Rs. 488 crore, marginally lower than Rs. 508 crore reported in Q3 FY25.

For the nine months ended December 2025, total income rose to Rs. 25,759 crore, up from Rs. 19,330 crore in the corresponding period of the previous year. Profit after tax for YTD December 2025 increased to Rs. 1,784 crore, compared with Rs. 1,476 crore a year earlier.

Dividend Announcement

The Board of Directors has approved an interim dividend of Rs. 9 per equity share, representing 900 per cent on the face value of Rs. 1 per share.

Management Commentary

Commenting on the results, S. Sankarasubramanian, Managing Director and CEO, said the company delivered a resilient performance despite a challenging operating environment marked by late monsoon withdrawal, rising raw material prices, and sharp rupee depreciation.

He noted that Coromandel’s fertiliser plants operated at full capacity during the quarter, achieving record quarterly production of 1.0 million tonnes of NPKs. The company maintained its leadership position in the phosphatic fertiliser segment, recording cumulative sales of 3.6 million tonnes and achieving 10 per cent volume growth during the year.

The Crop Protection segment delivered a strong performance, supported by favourable demand for key molecules across both domestic and export markets. Meanwhile, the company’s retail business continued to expand, adding over 250 stores during the year across existing and new geographies.

Nutrient and Allied Business

Standalone revenue from the Nutrient and Allied Business for Q3 FY26 stood at Rs. 7,753 crore, compared with Rs. 6,363 crore in Q3 FY25. Profit before interest and tax (PBIT) for the quarter was Rs. 615 crore, slightly lower than Rs. 635 crore in the year-ago period.

For YTD December 2025, standalone revenue rose to Rs. 22,722 crore, up from Rs. 17,307 crore, while PBIT increased to Rs. 2,250 crore from Rs. 1,932 crore in the corresponding period last year.

The company’s backward integration projects—sulphuric acid and phosphoric acid plants—are progressing as planned and are scheduled for commissioning in Q4 FY26. The fertiliser capacity expansion project at Kakinada is also progressing well and remains on track for completion in Q4 FY27.

During the quarter, Coromandel, through its wholly owned subsidiary, established a joint venture, Stuccoedge India Private Limited, for the manufacture and sale of phospho-gypsum-based products. The company has also initiated work on setting up a water-soluble fertiliser plant at Vizag.

Crop Protection Business

Standalone revenue from the Crop Protection Business for Q3 FY26 increased to Rs. 785 crore, compared with Rs. 631 crore in Q3 FY25. PBIT for the quarter rose sharply to Rs. 158 crore, from Rs. 91 crore in the corresponding period last year.

For YTD December 2025, standalone revenue grew to Rs. 2,338 crore, up from Rs. 1,937 crore, while PBIT increased to Rs. 431 crore, compared with Rs. 264 crore a year earlier.

During the quarter, the company expanded capacity for one of its key technical molecules and continues to evaluate further capacity augmentation. Additionally, its subsidiary, NACL Industries Limited, successfully completed a Rs. 249 crore rights issue during the period.