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However, revenue from operations rose 26.58% to Rs 8,779.15 crore in Q3 FY26, compared with Rs 6,935.19 crore in Q3 FY25.
Profit before tax stood at Rs 652.76 crore in Q3 FY26, down 4.44% compared with Rs 683.12 crore in Q3 FY25.
Total expenses rose 29.14% to Rs 8,209.88 crore in Q3 FY26, compared with Rs 6,357.26 crore in Q3 FY25. Cost of material consumed stood at Rs 4,795.14 core (up 42.70%YoY), finance cost was at Rs 285.88 (up 39.73% YoY) during the period under the review.
In Q3 FY26, revenue from the nutrient and other allied business rose 21.89% year on year to Rs 7,761.77 crore and revenue from crop protection segment jumped 72.77% year on year to Rs 1,098.27 crore in Q3 FY26.
The company has declared an interim dividend of Rs 9 per equity share (900%) for FY26 on shares with a face value of Re 1 each. The dividend will be paid on or after February 18, 2026, and within 30 days of declaration. The record date for determining eligible shareholders has been fixed as February 4, 2026.
Coromandel International is one of India's leading agri solutions provider. It offers a diverse range of products and services across the farming value chain. It specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers, etc.
Shares of Coromandel International rose 0.38% to end at Rs 2,265.40 on the BSE.
This MoU outlines a proposed investment of up to Rs 2,000 crore subject to necessary approvals, towards various initiatives aligned with the Company's business objectives and aimed at contributing to the industrial development of Andhra Pradesh.
The MoU serves as a framework to facilitate the execution of these projects in a time-bound manner, in accordance with the prevailing policies, rules, and regulations of the Government of Andhra Pradesh.