.Income from procedures fell concerning 17 per-cent to Rs 4,729 crore.|Photograph: Facebook1 min read Final Upgraded: Aug 07 2024|10:55 PM IST.Indian agricultural chemicals firm Coromandel International stated a 37.1 per-cent fall in first-quarter profit on Wednesday, hurt through weak point in its fertiliser and nutrients business.The business's internet income after income tax fell to Rs 311 crore ($ 37.05 thousand) for the April-June fourth coming from Rs 494 crore a year earlier.Profits coming from procedures dropped concerning 17 per cent to Rs 4,729 crore, creating it the firm's 5th successive one-fourth of downtrend.KEY CONTEXT.Agrochemical as well as plant food companies have stated a poor functionality as too much supply in the residential market pressured their sales amounts and also scopes.However, domestic demand is counted on to pick up on the prospects of above-average monsoon storms this year and also a bumper harvesting, professionals claimed.Peer SRF posted a drop in its income for the quarter, harmed by unstable need in its chemicals organization, while Deepak Fertilisers and also Petrochemicals posted earnings growth, assisted through reduced input cost.( Just the title as well as photo of this record may have been actually modified by the Business Standard personnel the remainder of the information is auto-generated from a syndicated feed.) Very First Posted: Aug 07 2024|10:55 PM IST.