Coromandel International Limited CC-May26.pdf · 2026-05-08
Yes, thanks for the opportunity. I have a few questions. Firstly, if I compare the consolidated P&L and standalone P&L, there is a gap. Obviously, NACL does not have incremental loss. I am assuming that this is coming from the mining entity BMCC and even the depreciation numbers are much higher compared to last year. So, if you can expand on how is BMCC as an entity placed in terms of financials, and also explain how the depreciation, amortization of the mining asset moves forward in next year and thereafter and how do you see the profitability trends of the BMCC entity?
Sure, makes sense. Secondly, on the margins of the fertilizer business for the upcoming season, how should one look at it considering the very nominal increase in the subsidy numbers about 10% while the raw material prices have gone up materially ? So how do you see government response coming in, whether there can be another sort of a price increase rather subsidy increase, which sort of happened in FY23 ? We were going through similar phase where raw material prices went up materially and govern ment again revised the subsid y. So how do you see the current situation and what is your broad sense of how you will be compensated for the higher raw material costs? Because I am assuming current subsidy and the MRPs are not sufficient for it.