Coromandel International, an agri input solutions provider from the Murugappa group, has posted a net profit of ₹115 crore in the fourth quarter ended March 31, 2026, as against ₹578 crore in the comparable quarter last year, showing a decline of 80 per cent.

During the quarter, total income went up to ₹6,068 crore from ₹5,114 crore in the comparable period previous year, showing a growth of 19 per cent.

For the full year, the company registered a net profit of ₹1,898 crore as against ₹2,055 crore in the same period last year, reflecting a decline of 8 per cent. During the period, its net income stood at ₹31,827 crore (₹24,444 crore), showing a growth of 30 per cent.

Dividend

The board of directors has approved a final dividend of ₹2 per equity share (face value ₹1 each). Early this year (February 2026), the company paid an interim dividend of ₹9 per share. The total dividend for the financial year 2025-26 amounts to ₹11 per share.

“Coromandel’s nutrient business delivered a steady performance in 2025-26, navigating a dynamic operating environment marked by supply disruptions, volatile raw material prices and sharp currency movements,” S. Sankarasubramanian, MD & CEO, Coromandel International, said.

“During the year, the company strengthened its position in the phosphatic fertiliser segment, registering 7% growth and achieving sales of 4.3 million tonnes, supported by strong farmer engagement and entry into new markets,” he said.

During the fourth quarter, it commissioned a 2,000-tonne per day (TPD) sulphuric acid plant and a 650 TPD phosphoric acid plant at Kakinada.

“Our subsidiary NACL Industries Ltd achieved a successful turnaround during the year through focused operational improvements and reported a 28% increase in revenue and returned to profitability,” he said in a statement on Thursday.

The company’s agri retail business added over 300 new stores during the year, taking the total to 1,200 outlets.

Published on May 7, 2026