.Profits from procedures dropped regarding 17 per cent to Rs 4,729 crore.|Picture: Facebook1 min read Last Updated: Aug 07 2024|10:55 PM IST.Indian agricultural chemicals secure Coromandel International mentioned a 37.1 per-cent join first-quarter revenue on Wednesday, harmed through weakness in its fertiliser as well as nutrients organization.The firm's net income after tax fell to Rs 311 crore ($ 37.05 thousand) for the April-June fourth coming from Rs 494 crore a year previously.Profits coming from procedures went down concerning 17 percent to Rs 4,729 crore, making it the company's 5th successive quarter of decline.KEY CONTEXT.Agrochemical and fertilizer providers have reported a dull efficiency as extreme inventory in the residential market pressed their sales volumes and also frames.However, domestic demand is expected to identify the leads of above-average monsoon storms this year and a bumper produce, analysts pointed out.Peer SRF posted a drop in its revenue for the quarter, harmed by unstable requirement in its chemicals organization, while Deepak Fertilisers and also Petrochemicals submitted income surge, aided through lower input cost.( Only the headline and also photo of this record might possess been actually remodelled due to the Organization Specification staff the rest of the web content is auto-generated coming from a syndicated feed.) First Posted: Aug 07 2024|10:55 PM IST.