Results - Announcements
Coromandel International Ltd share price declined by 4.30% to Rs 1825.4. The Company's net profit saw a strong growth of 37.17% to Rs 523.37 crore, while revenue from operations increased sharply by 26.08% to Rs 10294.13 crore in Q2FY27 over Q2FY26.
The market capitalization of Fertilizers industry group stocks on BSE stood at Rs 1.71 lakh crore, advancing by 12.79%. It has improved by 9.12% over last one week and dropped by 11.45% in last one month while the market capitalization of Coromandel International Ltd has marginally improved by 7.69% and 11.74% in the same period respectively.
Profit before tax (PBT) of Coromandel International Ltd stood at Rs 706.35 crore in Q2 FY27, tumbling by 33.33% year-on-year, and expanding by 37.51% quarter-on-quarter. EBITDA came in at Rs 888 crore, falling 13.80% YoY and rallying 25.79% sequentially.
Total expenses jumped by 24.86% to Rs 9504.05 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 5832.98 crore, surging by 26.39% YoY, while employee benefits expense was at Rs 307.15 crore, ticking higher by 2.10% YoY.
For FY26, revenue from operations soared by 30.70% to Rs 31479.54 crore, while net profit softened by 7.62% to Rs 1898.14 crore, compared to previous FY. EBITDA witnessed a strong improvement of 251183% to Rs 2868.15 crore, and PBT softened 4.05% to Rs 2617.14 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 1557.54 crore in FY26, as against Rs 2463.61 crore in FY25.
Coromandel International Ltd crashed 15.04% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.74% during the same period.