.Income from procedures dropped about 17 per-cent to Rs 4,729 crore.|Photo: Facebook1 min read through Final Upgraded: Aug 07 2024|10:55 PM IST.Indian farming chemicals solid Coromandel International mentioned a 37.1 per-cent join first-quarter income on Wednesday, harmed through weakness in its fertiliser as well as nutrients company.The business's net income after tax obligation fell to Rs 311 crore ($ 37.05 million) for the April-June quarter coming from Rs 494 crore a year previously.Income coming from operations fell about 17 percent to Rs 4,729 crore, producing it the company's 5th successive quarter of downtrend.KEY CONTEXT.Agrochemical and also fertilizer providers have actually stated a lackluster performance as too much supply in the residential market compelled their sales quantities as well as margins.Nonetheless, domestic need is anticipated to notice the potential customers of above-average downpour rainfalls this year as well as a bumper harvesting, professionals pointed out.Peer SRF published a drop in its own revenue for the quarter, injured through weak demand in its chemicals company, while Deepak Fertilisers as well as Petrochemicals posted revenue growth, helped through reduced input price.( Merely the heading as well as picture of this record may have been reworked due to the Business Specification team the rest of the content is auto-generated from a syndicated feed.) Very First Published: Aug 07 2024|10:55 PM IST.