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08-Aug-2024

Coromandel International

PBT down 34%


'Consolidated net sales (including other operating income) of Coromandel International has declined 16.94% to Rs 4728.83 crore.  Sales of Nutrient & Other Allied Business segment has gone down 18.98% to Rs 4,213.67 crore (accounting for 88.43% of total sales).  Sales of Crop Protection segment has gone up 0.74% to Rs 551.55 crore (accounting for 11.57% of total sales).  Inter-segment sales came down from Rs 54.67 crore to Rs 36.39 crore. 

Profit before interest, tax and other unallocable items (PBIT) has slumped 31.95% to Rs 494.54 crore.  PBIT of Nutrient & Other Allied Business segment fell 35.74% to Rs 431.67 crore (accounting for 87.29% of total PBIT).  PBIT of Crop Protection segment rose 14.41% to Rs 62.87 crore (accounting for 12.71% of total PBIT). 

PBIT marg...



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