Coromandel Q3: Higher Costs Squeeze Margins, Revenue Beats Estimates

• Coromandel International's Q3 EBITDA margin narrowed to 9.1% from 10.4% last year due to increased costs.
• Total expenses rose significantly to ₹8,209 crore, up from ₹6,357 crore in the previous year.
• EBITDA grew 10.8% to ₹799.8 crore, aligning with CNBC-TV18 poll estimates.
• Revenue surged 26.6% to ₹8,779.5 crore, surpassing poll expectations.
• Net profit remained stable at ₹506 crore, and an interim dividend of ₹9 per share was approved.

Why It Matters: Coromandel International's Q3 saw strong revenue growth but higher costs impacted profit margins.