.Income from operations dropped regarding 17 per cent to Rs 4,729 crore.|Photo: Facebook1 minutes reviewed Last Updated: Aug 07 2024|10:55 PM IST.Indian agricultural chemicals secure Coromandel International disclosed a 37.1 per-cent fall in first-quarter revenue on Wednesday, injured by weak spot in its fertilizer and also nutrients company.The provider’s net profit after tax fell to Rs 311 crore ($ 37.05 million) for the April-June quarter from Rs 494 crore a year earlier.Revenue coming from operations went down regarding 17 per cent to Rs 4,729 crore, making it the firm’s fifth consecutive fourth of decline.KEY CIRCUMSTANCE.Agrochemical as well as plant food providers have disclosed a dull functionality as too much stock in the domestic market pressed their purchases amounts and also frames.However, domestic requirement is actually counted on to notice the customers of above-average monsoon rainfalls this year as well as a bumper harvest, professionals pointed out.Peer SRF posted a drop in its own income for the fourth, harmed through weak demand in its own chemicals business, while Deepak Fertilisers and also Petrochemicals posted income rise, aided through lower input cost.( Merely the heading as well as photo of this file may possess been actually reworked by the Business Standard staff the rest of the web content is actually auto-generated coming from a syndicated feed.) First Published: Aug 07 2024|10:55 PM IST.