Coromandel International Reports Resilient Q3 FY26 Performance Amid Challenging Environment

Coromandel International Limited (BSE: 506395, NSE: COROMANDEL), one of India’s leading agri-solutions providers, announced its financial results for the quarter and nine months ended December 31, 2025, demonstrating strong performance across its fertilisers, crop protection, specialty nutrients, bio-products, organic fertilisers, and agri-retail businesses. The Company is also making significant strides in digital agriculture solutions, including agri-drone spraying, to enhance farm productivity and sustainability.

Financial Highlights – Standalone Performance:

Year-to-Date Standalone:

Consolidated Results:

• Q3 Total Income: Rs. 8,863 Cr vs. Rs. 7,049 Cr
• Q3 PAT: Rs. 488 Cr vs. Rs. 508 Cr
• YTD Total Income: Rs. 25,759 Cr vs. Rs. 19,330 Cr
• YTD PAT: Rs. 1,784 Cr vs. Rs. 1,476 Cr

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

Business Highlights:

• Nutrient and Allied Business: Q3 standalone revenue rose to Rs. 7,753 Cr, with PBIT of Rs. 615 Cr. YTD revenue reached Rs. 22,722 Cr with PBIT at Rs. 2,250 Cr. Fertiliser plants operated at full capacity, producing a record 1.0 million tonnes of NPKs. Expansion projects, including Sulphuric and Phosphoric acid plants and the Kakinada fertiliser capacity increase, are on track for commissioning in FY26 and FY27. New initiatives include a joint venture for Phospho-Gypsum products and a water-soluble fertiliser plant at Vizag.
• Crop Protection Business: Q3 revenue stood at Rs. 785 Cr, with PBIT at Rs. 158 Cr, while YTD revenue reached Rs. 2,338 Cr with PBIT of Rs. 431 Cr. The segment benefited from strong demand for key molecules in domestic and export markets. Capacity expansion projects and the successful Rs. 249 Cr Rights Issue by subsidiary NACL Industries Limited highlight the segment’s growth momentum.
• Retail Expansion: Coromandel continues to expand its agri-retail network, with more than 1,000 rural outlets serving approximately 3 million farmers across five states, providing crop advisory, soil testing, mechanisation services, and agri-inputs.

Commenting on the results, Mr. S. Sankarasubramanian, MD & CEO, said, “Coromandel delivered a resilient performance during the quarter despite challenges from late monsoon withdrawal, raw material cost pressures, and currency depreciation. Our fertiliser plants operated at full capacity, with strong volume growth in the phosphatic segment. Crop protection and retail businesses continued to expand, reflecting the strength and diversification of our portfolio.”