India's Coromandel International gains after Q1 profit jump

Coromandel International

24/07/2025 10:23

** Shares of Coromandel International CORF.NS rise 3.7% to 2,417.10 rupees

** Fertilizers maker's Q1 consol net profit rises 62.4% Y/Y to 5.05 bln rupees ($58.5 mln); revenue jumps 48.9% Y/Y

** CORF to buy 17.69% additional stake in Baobab Mining and Chemicals Corp for $7.70 mln

** Co to invest 1.37 bln rupees for setting up bagging plant at Kakinada

** Trading vols at 695,000 shares, 1.2x the 30-day average

** CORF up ~29% YTD

($1 = 86.3510 Indian rupees)

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))