.Revenue coming from operations fell about 17 percent to Rs 4,729 crore.|Photo: Facebook1 min checked out Final Upgraded: Aug 07 2024|10:55 PM IST.Indian farming chemicals firm Coromandel International disclosed a 37.1 per-cent join first-quarter income on Wednesday, hurt through weak point in its fertilizer and nutrients service.The company's net profit after income tax fell to Rs 311 crore ($ 37.05 million) for the April-June quarter from Rs 494 crore a year previously.Income coming from functions lost about 17 per-cent to Rs 4,729 crore, producing it the firm's fifth consecutive quarter of decline.KEY CONTEXT.Agrochemical and fertilizer providers have actually disclosed a poor performance as too much inventory in the domestic market pressured their sales amounts and margins.Having said that, residential demand is actually anticipated to notice the prospects of above-average downpour storms this year and a bumper harvest, experts mentioned.Peer SRF uploaded a decrease in its own income for the one-fourth, injured through weak requirement in its own chemicals business, while Deepak Fertilisers and Petrochemicals published revenue rise, helped by lesser input price.( Simply the headline and photo of this file may have been modified by the Organization Standard team the remainder of the content is actually auto-generated from a syndicated feed.) Very First Posted: Aug 07 2024|10:55 PM IST.