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via thehindubusinessline.comBusiness & Companies

Coromandel International: quarterly profit down 34% on higher raw material costs

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Coromandel International Ltd, a Murugappa Group company that provides agri input solutions, posted a consolidated net profit of ₹523 crore in the second quarter ended September 30, 2026, down from ₹793 crore in the same quarter last year, a decline of 34 per cent.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA 34% profit drop is material for the stock, though it concerns a single Indian company.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Coromandel International posted a consolidated net profit of 523 crore rupees in the second quarter.
  2. 02This is down from 793 crore in the same quarter last year.
  3. 03The decline is attributed to higher raw material costs.

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