Coromandel International Delivers Resilient Q3 FY26 Results

Coromandel International Delivers Resilient Q3 FY26 Results

Coromandel International Limited (BSE: 506395, NSE: COROMANDEL), a leading provider of agri-solutions in India, today announced its financial results for the quarter and nine months ended 31 December 2025. The Company continues to strengthen its leadership across fertilizers, crop protection, bio-products, specialty nutrients, organic fertilizers, and agri-retail, while advancing initiatives in agri-drone spraying and digital solutions that drive sustainability and farm productivity.

Q3 Standalone Performance:

• Total Income: Up 21% YoY

• EBITDA: Up 5% YoY

• PAT: Up 1% YoY

YTD Standalone Performance:

• Total Income: Up 30% YoY

• EBITDA: Up 20% YoY

• PAT: Up 19% YoY

Consolidated Results:

• Q3 Total Income: Increased from previous year

• Q3 PAT: Slightly lower than previous year

• YTD Total Income: Up significantly from previous year

• YTD PAT: Up from previous year

The Board has approved an interim dividend, reflecting a substantial return on equity.

Commenting on the results, Mr. S. Sankarasubramanian, MD & CEO, Coromandel International, said:

“Coromandel delivered a resilient performance this quarter despite a challenging business environment marked by a late monsoon, rising raw material costs, and currency depreciation. Our fertiliser plants operated at full capacity, delivering record quarterly production of NPKs. We maintained market leadership in the phosphatic fertiliser segment, achieving significant volume growth. Our Crop Protection business benefited from strong domestic and export demand, and our Retail network continued to expand with over 250 new stores this year.”

Nutrient and Allied Business:

• Q3 Revenue: Higher than previous year

• Q3 PBIT: Stable compared to previous year

• YTD Revenue: Up YoY

• YTD PBIT: Up YoY

Key projects include the Sulphuric acid and Phosphoric acid plants, on track for commissioning in Q4 FY26, and the fertiliser capacity expansion at Kakinada, slated for Q4 FY27. The Company also established a joint venture, Stuccoedge India Pvt Ltd, for Phospho-Gypsum products and initiated a water-soluble fertiliser plant at Vizag.

Crop Protection Business:

• Q3 Revenue: Up YoY

• Q3 PBIT: Up YoY

• YTD Revenue: Up YoY

• YTD PBIT: Up YoY

The Company has expanded the capacity of its key technical molecules and continues additional capacity augmentation. Its subsidiary, NACL Industries Limited, successfully completed a Rights Issue during the quarter.