Business

Coromandel International Q1 results: Income loses 37.1% to Rs 311 cr Provider End results

.Income from operations went down about 17 per-cent to Rs 4,729 crore.|Photo: Facebook1 min went through Last Updated: Aug 07 2024|10:55 PM IST.Indian agricultural chemicals strong Coromandel International stated a 37.1 per-cent join first-quarter earnings on Wednesday, injured by weak spot in its fertilizer as well as nutrients organization.The business's internet earnings after tax fell to Rs 311 crore ($ 37.05 thousand) for the April-June fourth coming from Rs 494 crore a year earlier.Income coming from operations lost concerning 17 per cent to Rs 4,729 crore, creating it the business's fifth consecutive fourth of decline.TRICK CONTEXT.Agrochemical as well as plant food companies have disclosed a poor functionality as extreme stock in the residential market pressured their purchases amounts and also frames.Having said that, domestic need is counted on to identify the potential customers of above-average downpour storms this year as well as a bumper harvest, professionals said.Peer SRF published a drop in its own revenue for the quarter, harmed through weak requirement in its own chemicals company, while Deepak Fertilisers as well as Petrochemicals submitted earnings growth, helped by lesser input cost.( Just the headline and image of this file may possess been actually reworked by the Business Criterion staff the remainder of the material is actually auto-generated from a syndicated feed.) Very First Released: Aug 07 2024|10:55 PM IST.