Coromandel International Limited has reported its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors declared a final dividend of Rs. 2 per share (on a face value of Re. 1). The company also announced the re-appointment of its Statutory Auditors and provided updates on recent corporate activities, including a new corporate guarantee and strategic subsidiary developments.
Annual Financial Performance
For the financial year ended March 31, 2026, Coromandel International Limited achieved a consolidated revenue of Rs. 31,827.45 crore, compared to Rs. 24,443.96 crore in the previous year. The consolidated profit after tax for the fiscal year stood at Rs. 1,898.14 crore. For the quarter ended March 31, 2026 (Q4), the company recorded a consolidated revenue of Rs. 6,068.16 crore.
Dividend and Annual General Meeting
The Board has recommended a final dividend of Rs. 2 per equity share, having a face value of Re. 1 each. The record date for determining the eligibility of shareholders to receive the dividend is July 16, 2026, with the payout scheduled on or before August 21, 2026. Additionally, the company will host its 64th Annual General Meeting on July 23, 2026.
Strategic Developments
The company confirmed the re-appointment of M/s. S R Batliboi & Associates LLP as its Statutory Auditors for a second term of five consecutive years, pending shareholder approval. Furthermore, the Board approved the issuance of a corporate guarantee of up to USD 15.5 million to support the banking facilities of Baobab Mining & Chemicals Corporation in Senegal, a subsidiary in which Coromandel holds a 71.51% stake.
Segment Overview
Coromandel continues to operate through two primary segments: Nutrient and Other Allied Businesses and Crop Protection. The company’s expansion strategy was highlighted by the acquisition of a majority stake in NACL Limited during the fiscal year, significantly strengthening its footprint in the crop protection segment.
Source: BSE
