Coromandel International has today unveiled its Coromandel Nanotechnology Center at Coimbatore, Tamil Nadu, which will support its efforts towards development of wide range of nano-enabled agro-inputs for plant nutrition and crop protection. The Center will be the sixth R&D facility of Coromandel and the second Tech Centre which will focus on development of next-generation agri-inputs, the first being Coromandel`s research facility in Monash Academy, IIT BombayPowered by Capital Market - Live News

Net profit of Coromandel International rose 2.20% to Rs 756.87 crore in the quarter ended September 2023 as against Rs 740.56 crore during the previous quarter ended September 2022. Sales declined 30.90% to Rs 6988.13 crore in the quarter ended September 2023 as against Rs 10113.39 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales6988.1310113.39 -31 OPM %15.1010.45 - PBDT1053.501034.43 2 PBT999.55988.69 1 NP756.87740.56 2 Powered by Capital Market - Live News

Coromandel International will hold a meeting of the Board of Directors of the Company on 26 October 2023.Powered by Capital Market - Live News

Coromandel International has commissioned its state-of-the-art Sulphuric Acid plant today. With this, the company has further strengthened its backward integration capabilities to drive self-sufficiency in its operations. This is the company`s third Sulphuric Acid Plant and is located at its fertiliser complex in Visakhapatnam. The plant has been set up with an investment of Rs 400 crore with the production capacity of 1,650 metric tonnes per day. With this, Coromandel`s Sulphuric acid capacity will increase to 11 lakh tonnes per annum from 6 lakh tonnes per annum, supporting its requirement towards downstream processes involving Phosphoric acid and Phosphatic Fertilizer production. In addition to the Sulphuric Acid, the Company has setup a 6 MLD desalination plant to meet its additional water requirements. It has partnered with Veolia Water Technology and Solutions, a global leader in water and wastewater treatment industry. Powered by Capital Market - Live News

Coromandel International announced that its subsidiary, Dare Ventures has been allotted 10 equity shares of Rs 10 each and 2,193 seed series compulsorily convertible preference shares of Rs.10 each of Flic Farm constituting 16.53% of the post issue paid up share capital of Flic Farm on 11t October 2023Powered by Capital Market - Live News