Coromandel International Limited — Q2 FY24
Coromandel reported Q2 FY24 consolidated revenue of INR 7,033 crore, down ~31% YoY due to lower subsidy rates, but EBITDA remained flat at INR 1,059 crore and PAT grew 2% to INR...
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY24
Nano DAP commercial launch in October 2023
The Nano DAP plant in Karnataka will be commercialized in October 2023, with initial capacity of 4 million bottles per annum. The product will target northern states with high DAP usage.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q1 FY24
Specialty chemicals product introduction in Q2 FY24
The company plans to introduce specialty chemical products in the second quarter by leveraging existing assets and technical capabilities.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1