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Coromandel International Q1 results: Revenue drops 37.1% to Rs 311 cr Company End results

.Profits coming from procedures went down about 17 percent to Rs 4,729 crore.|Photograph: Facebook1 min checked out Final Updated: Aug 07 2024|10:55 PM IST.Indian agrarian chemicals firm Coromandel International stated a 37.1 percent join first-quarter revenue on Wednesday, harmed by weak point in its fertilizer and nutrients company.The provider's web profit after tax obligation was up to Rs 311 crore ($ 37.05 thousand) for the April-June quarter coming from Rs 494 crore a year previously.Income coming from functions fell about 17 percent to Rs 4,729 crore, creating it the firm's 5th successive one-fourth of decline.TRICK CONTEXT.Agrochemical as well as fertilizer firms have actually mentioned a dull efficiency as excessive stock in the domestic market pushed their sales quantities and frames.However, domestic demand is counted on to detect the potential customers of above-average downpour storms this year and also a bumper produce, experts claimed.Peer SRF published a come by its profit for the one-fourth, injured by weak demand in its own chemicals company, while Deepak Fertilisers and also Petrochemicals posted income growth, helped through lesser input price.( Only the headline as well as image of this record might possess been actually modified by the Company Specification team the remainder of the web content is actually auto-generated from a syndicated feed.) 1st Released: Aug 07 2024|10:55 PM IST.