Coromandel International Posts Strong Q2 Results with 20% Profit Growth Driven by Agri Demand and Expansion

Coromandel International announced robust financial results for its second quarter ending September 30, 2025. The company posted a consolidated net profit of ₹793 crore, a notable jump from ₹659 crore in the corresponding quarter of the previous year. Total income for the quarter grew to ₹9,771 crore, up from ₹7,498 crore year-on-year. For the first half of the fiscal year, the profit after tax stood at ₹1,295 crore on a total income of ₹16,897 crore.

Managing Director and Chief Executive Officer S. Sankarasubramanian highlighted the role of favorable monsoons and positive agrarian sentiment in driving sales. Coromandel International proactively expanded its sales and distribution networks to ensure timely fertilizer availability for farmers. Its fertilizer plants operated at full capacity, with a 17% growth in sales volumes during the first half. The crop protection business also showed resilience, boosted by strong technical sales globally and domestic formulation traction. Furthermore, the company's retail division continued its expansion, adding approximately 100 new stores in Q2 and crossing the 1,000-store milestone.

Brownfield expansion projects for sulphuric acid and phosphoric acid plants at Kakinada are on track for commissioning in the fourth quarter.

Impact This strong performance is likely to boost investor confidence and could positively impact Coromandel International's stock price. The growth indicates effective operational management and strong demand in the agricultural sector, which is crucial for the Indian economy. The ongoing expansions signal future growth potential. Impact Rating: 8/10

Difficult terms Consolidated net profit: Profit calculated after considering the financial results of subsidiary companies along with the parent company. Net income: The profit a company earns after deducting all expenses and taxes; also known as net profit. Profit after tax (PAT): The profit remaining for a company after all taxes have been deducted. Agrarian sentiment: The general mood or attitude of farmers and people involved in agriculture. Technical sales: Sales of the core chemical compounds (active ingredients) used in crop protection products, often sold to other manufacturers. Domestic formulations: Finished crop protection products (like pesticides or herbicides) manufactured and sold within the country, ready for end-user application. Brownfield expansion: Expanding an existing facility or building new facilities on a site where a previous industrial operation existed. Commissioned: When a new plant or facility is officially ready to start operations.