Coromandel International Limited (BSE: 506395, NSE: COROMANDEL), India’s leading Agri solutions provider is in the business of Fertilisers, Crop Protection Chemicals, Bio products, Specialty Nutrients, Organic Fertilizer and Retail. The Company has reported the financial results for the quarter and year ended 31st March 2023.
The Board of Directors of Coromandel International Limited had approved the financial results of the company for the quarter and year ended 31st March 2023. The Board has declared an interim dividend of Rs. 6 per share in February 2023 and was paid to the shareholders in March 2023. The Board has now recommended a final dividend of Rs. 6 per share for the financial year 2022-23.
Highlights – Standalone Results:
↑ Total Income in Q4 was at Rs. 5,519 Cr compared with Rs. 4,294 Cr of same period previous year, registering a growth of 29% over previous year.
↑ EBITDA for Q4 was Rs. 399 Cr, growth of 47% over Q4 of previous year.
↑ PAT for Q4 was Rs. 262 Cr vs Rs. 183 Cr in Q4 of previous year, registering a y/y growth of 43%.
↑ Total Income for the year ended 31st March 2023 was at Rs. 29,784 Cr compared with Rs. 19,231 Cr of same period previous year, registering a growth of 55% over previous year.
↑ EBITDA for FY 22-23 was Rs. 2,918 Cr vs. Rs. 2,036 Cr in previous year.
↑ PAT for FY 22-23 was Rs. 2,035 Cr vs Rs. 1,412 Cr of previous year, registering a y/y growth of 44%.