BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
Coromandel International Ltd. reported consolidated revenue from operations of Rs 61,480 million up by 33.3% YoY.
Nutrients and allied business contributed to 89% share and the remaining 11% came from crop protection businesses. In terms of subsidy and non-subsidy share, it came to 84% and 16%, respectively during the quarter.
The nutrient and allied business segment revenue grew by 38% over the same period last year.
The business has launched a new product GroShakti Plus, a fortified nitrogen-phosphorus-potassium with EnPhos technology coming first towards providing specialised fertiliser and a greener solution to farmers, has gained further momentum in the market.
Coromandel International registered a good growth in both our specialised nutrition fertiliser and organic products. The main product Gro Plus has gained further traction in the market and is now nearly almost one-third of the sales.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR