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COROMANDEL Diversified 24 Jan 2024

Coromandel International Limited — Q3 FY24

Coromandel's Q3 FY24 results were sharply down YoY, with consolidated revenue of ₹5,523 crore (-33.8%), EBITDA of ₹358 crore (-54.2%), and PAT of ₹288 crore (-69.3%).

bearish high
Compare with...
Revenue ₹5,464 Cr -33.8%
EBITDA ₹358 Cr -54.2%
PAT ₹228 Cr -69.3%
EBITDA Margin 6% -280bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter1
Delivered0
Missed1

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.

Q2 FY24

Nano DAP plant commissioning in Q3 FY24

The Nano DAP plant at Kakinada is expected to be commissioned in Q3 FY24, pending regulatory approvals, with capacity of 1 crore bottles per year.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1