Coromandel International Limited Board of Directors has declared and approved a final and special dividend of ₹9 per equity share of ₹1 each.
The company informed the exchanges that the Board of Directors has approved a final dividend of ₹6 per equity share, each with a face value of ₹1, along with a special dividend of ₹3 per equity share on the same face value.
The final and special dividends will be paid on or before August 23, 2025, and within 30 days from the date of declaration, in accordance with the relevant provisions of the Companies Act, 2013.
The record date for identifying members eligible to receive the final and special dividends is set for July 17, 2025.
For the financial year ended 31st March 2025, Coromandel reported standalone total income of ₹24,428 crore, marking a 10% increase from ₹22,308 crore in the previous year. EBITDA (before exceptional items) stood at ₹2,656 crore compared to ₹2,401 crore last year, reflecting an 11% growth. Profit after tax (PAT) reached ₹1,941 crore, up 13% from ₹1,719 crore in the previous year, indicating strong operating and net performance.
On a consolidated basis, Coromandel’s total income for the quarter ended March 2025 was ₹5,114 crore, rising from ₹3,996 crore in the same quarter of the previous year. The profit after tax for the quarter surged to ₹578 crore from ₹164 crore year-on-year. For the full fiscal year FY24-25, consolidated total income was ₹24,444 crore, compared to ₹22,290 crore last year, and the profit after tax improved to ₹2,055 crore from ₹1,641 crore, demonstrating robust annual growth.
On July 15, 2025, Coromandel International share price (NSE: COROMANDEL) opened at ₹2,387.00 and closed at ₹2,350.00, up by 1.48%. The stock price touched its day’s low at ₹2,331.00.
Also Read: Coromandel International Share Price Surges Over 2% on CCI Approval for NACL Acquisition!
The company's last dividend declaration was an interim dividend of ₹6 per share, with a record date of February 5, 2025. With the newly approved dividend, shareholders can anticipate continued returns. Shareholders must hold shares in a valid demat account as of the record date to be eligible for the dividend.
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Published on: Jul 16, 2025, 8:12 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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