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Coromandel International Q1 results: Profit loses 37.1% to Rs 311 cr Company Outcomes

.Earnings coming from functions lost regarding 17 percent to Rs 4,729 crore.|Photograph: Facebook1 min went through Last Updated: Aug 07 2024|10:55 PM IST.Indian agrarian chemicals strong Coromandel International reported a 37.1 per-cent join first-quarter income on Wednesday, injured through weak spot in its own fertilizer and nutrients company.The provider's net revenue after tax obligation was up to Rs 311 crore ($ 37.05 million) for the April-June one-fourth from Rs 494 crore a year previously.Profits from operations lost about 17 per-cent to Rs 4,729 crore, making it the firm's 5th successive quarter of decrease.TRICK SITUATION.Agrochemical as well as plant food business have disclosed a dull functionality as extreme supply in the residential market pressed their purchases volumes and also margins.Having said that, residential demand is actually counted on to identify the leads of above-average monsoon rainfalls this year as well as a bumper harvesting, analysts said.Peer SRF submitted a come by its own earnings for the one-fourth, injured by weak need in its chemicals service, while Deepak Fertilisers as well as Petrochemicals uploaded earnings rise, assisted by reduced input expense.( Only the headline as well as picture of this file may possess been actually revamped by the Company Specification staff the remainder of the web content is actually auto-generated coming from a syndicated feed.) Very First Published: Aug 07 2024|10:55 PM IST.