Coromandel PAT Jumps 54% in Q1 FY26 Results; To Raise Stake in Senegal Mining Unit

Coromandel International Limited posted growth for the quarter ended 30th June 2025.

Coromandel International Standalone Financial Performance

The company’s standalone total income rose 49% year-on-year to ₹7,083 crore, compared to ₹4,768 crore in the same quarter last year. EBITDA stood at ₹738 crore, marking a 46% increase from ₹507 crore in Q1 FY25. Profit After Tax (PAT) surged 54% year-on-year to ₹508 crore, against ₹331 crore in the corresponding period.

Coromandel International Consolidated Results

On a consolidated basis, Coromandel recorded a total income of ₹7,126 crore for Q1 FY26, compared to ₹4,783 crore in Q1 FY25. Consolidated profit after tax grew to ₹502 crore, up from ₹309 crore in the previous year, reflecting strong operational performance across its business segments.

Strategic Developments

In its board meeting, Coromandel approved the acquisition of an additional 17.69% stake in Baobab Mining and Chemicals Corporation SA (BMCC), Senegal, through its wholly-owned subsidiary Coromandel Chemicals Limited (CCL). The deal, valued at $7.70 million, will increase Coromandel’s total stake in BMCC to 71.51%, further strengthening its backward integration strategy.

The company has also signed a long-term agreement with Maaden, a leading fertiliser producer based in the Kingdom of Saudi Arabia, to secure DAP shipments for the Indian market. Additionally, Coromandel has partnered with Sakarni Plaster to establish a joint venture aimed at producing and marketing eco-friendly Phospho Gypsum-based building materials, utilising industrial by-products.

“The acquisition of additional stake in BMCC is a strategic move to further strengthen our backward integration in the phosphates value chain. With this, Coromandel is reinforcing its commitment to securing vital raw material sources and ensuring long-term supply chain resilience. Our backward integration projects for Phosphoric and Sulphuric Acid plants at Kakinada are progressing well and likely to be commissioned by Q4 of FY25-26. We have also initiated groundwork for setting up a 7.5 lakh ton fertiliser granulation facility at Kakinada.” said Mr. S Sankarasubramanian.

Coromandel International Share Price Performance

On July 24, 2025, Coromandel International share price (NSE: COROMANDEL) opened at ₹2,331.20 and closed at ₹2,443.10, up by 4.80%. The stock price touched its day’s high at ₹2,459.70.

Also Read: Coromandel International Share Price Surges on CCI Approval for NACL Acquisition!

Conclusion

With financial growth and strategic initiatives, Coromandel International continues to enhance its market presence and secure raw material supply, positioning itself for sustained growth in the fertiliser and allied sectors.

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