.Profits from functions fell concerning 17 per cent to Rs 4,729 crore.|Photo: Facebook1 min read through Final Updated: Aug 07 2024|10:55 PM IST.Indian agricultural chemicals secure Coromandel International reported a 37.1 per cent fall in first-quarter earnings on Wednesday, harmed through weakness in its own fertiliser as well as nutrients organization.The firm's net income after tax obligation was up to Rs 311 crore ($ 37.05 thousand) for the April-June quarter from Rs 494 crore a year earlier.Revenue from procedures went down regarding 17 per-cent to Rs 4,729 crore, producing it the company's fifth successive one-fourth of decrease.KEY CONTEXT.Agrochemical and plant food business have mentioned a dull functionality as too much inventory in the residential market pressed their purchases quantities and margins.However, residential demand is actually anticipated to notice the potential customers of above-average downpour rainfalls this year and also a bumper harvesting, professionals mentioned.Peer SRF posted a drop in its revenue for the quarter, injured by weak demand in its chemicals company, while Deepak Fertilisers and also Petrochemicals posted profit rise, assisted through lower input cost.( Just the title and image of this file may have been remodelled by the Service Requirement workers the rest of the content is auto-generated coming from a syndicated feed.) 1st Posted: Aug 07 2024|10:55 PM IST.