Coromandel International Limited announced its financial results for the fiscal year ended March 31, 2026, reporting a significant 30% increase in consolidated total income to ₹31,827 crore, up from ₹24,444 crore in the previous year. EBITDA saw a 23% rise to ₹3,232 crore. However, profit after tax (PAT) for the full year declined by 8% to ₹1,898 crore from ₹2,055 crore in FY25, primarily due to exceptional items. For the fourth quarter of FY26, total income grew by 19% to ₹6,068 crore, while PAT saw a substantial drop of 80% to ₹115 crore from ₹578 crore in Q4 FY25, impacted by exceptional items. Standalone results mirrored this trend, with total income rising 26% to ₹30,882 crore for the full year, and PAT increasing by 3% to ₹2,009 crore. In Q4 FY26, standalone total income grew 12% to ₹5,748 crore, but PAT fell 60% to ₹154 crore. The company's Board approved a final dividend of ₹2 per equity share, making the total dividend for FY26 ₹11 per share (1100% on face value). Key initiatives include the commissioning of a 2000 TPD Sulphuric Acid plant and a 650 TPD Phosphoric Acid plant at Kakinada, with an outlay of approximately ₹1100 crore, aimed at strengthening backward integration and supply security. Commenting on the results, MD & CEO Mr. S. Sankarasubramanian highlighted the steady performance of the Nutrient business despite market volatilities, achieving 7% growth in phosphatic fertilizers and sales of 4.3 million tons. The Crop Protection business reported a strong 16% revenue growth with a 55% rise in profitability. The subsidiary NACL Industries Ltd showed a turnaround with a 28% revenue increase and returned to profitability. The Agri Retail network expanded to 1200 centers.
