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Coromandel International Q1 results: Earnings loses 37.1% to Rs 311 cr Business Results

.Income from functions dropped regarding 17 per-cent to Rs 4,729 crore.|Photograph: Facebook1 min read through Last Updated: Aug 07 2024|10:55 PM IST.Indian agricultural chemicals strong Coromandel International disclosed a 37.1 per-cent join first-quarter revenue on Wednesday, injured through weak spot in its own fertilizer as well as nutrients service.The company's internet revenue after income tax fell to Rs 311 crore ($ 37.05 million) for the April-June fourth from Rs 494 crore a year earlier.Income from operations went down concerning 17 per-cent to Rs 4,729 crore, creating it the company's fifth consecutive one-fourth of decrease.TRICK CIRCUMSTANCE.Agrochemical and plant food firms have actually mentioned a dull performance as excessive stock in the residential market compelled their purchases volumes and scopes.Nevertheless, domestic need is actually anticipated to identify the potential customers of above-average downpour rains this year as well as a bumper harvesting, experts claimed.Peer SRF posted a drop in its income for the one-fourth, hurt through unstable need in its chemicals service, while Deepak Fertilisers as well as Petrochemicals uploaded income increase, helped by reduced input expense.( Merely the headline as well as photo of this report might possess been revamped by the Company Standard workers the remainder of the web content is actually auto-generated from a syndicated feed.) 1st Posted: Aug 07 2024|10:55 PM IST.