According to the company's audited financial results for FY2026, Coromandel Agro Products reported a net profit of ₹310.31 lakh for the financial year ended March 31, 2026, representing a decline from ₹376.48 lakh in the previous financial year. The company's revenue from operations fell to ₹10,632.84 lakh in FY2026 compared to ₹15,905.46 lakh in FY2025, marking a significant 33% decline in annual performance. The profit before tax for the year stood at ₹415.39 lakh, down from ₹481.49 lakh in the corresponding period of the previous year. As per the latest reports, the company's total expenses for FY26 amounted to ₹10,328.64 lakh, which was lower than ₹15,445.20 lakh in the prior year, indicating improved cost management despite revenue challenges.
According to the company's quarterly results, Coromandel Agro Products reported a net loss of ₹39.90 lakh in Q4 FY2026, marking a significant reversal from the net profit of ₹1.79 crore recorded during the corresponding quarter of the previous year. The company's revenue from operations for the quarter ended March 31, 2026 was ₹5,110.99 lakh, down from ₹6,188.51 lakh in Q4 FY2025, indicating substantial revenue pressure during the quarter. The profit before tax for the quarter was ₹415.39 lakh, compared to ₹481.49 lakh in the corresponding quarter of the previous year. The company reported no defaults on loans and debt securities for the fourth quarter ended March 31, 2026.
The board of directors recommended a final dividend of ₹1.50 per equity share having a face value of ₹10 each for FY2026, subject to shareholder approval at the ensuing Annual General Meeting. As per the latest financial data, the company's total assets as of March 31, 2026 stood at ₹5,240.52 lakh, compared to ₹4,511.58 lakh in the previous year. The total equity and liabilities increased to ₹5,240.52 lakh from ₹4,511.58 lakh over the same period. The company's total income for the year was ₹10,744.03 lakh, with total expenses for FY26 amounting to ₹10,328.64 lakh, lower than the previous year's expenses of ₹15,445.20 lakh, demonstrating improved cost management despite revenue challenges.
According to the company's latest financial disclosure, the Seed Processing Division reported revenue of ₹10,705.56 lakh for the year, while the Wind Power Division contributed ₹38.47 lakh. The Seed Processing Division recorded a profit before tax and finance cost of ₹452.59 lakh, whereas the Wind Power Division reported a loss of ₹5.48 lakh for the year ended March 31, 2026. The statutory auditor, M/s Nataraja Iyer & Co., issued an audit report with an unmodified opinion on the financial results, providing confidence in the company's financial reporting standards.
