.Income from procedures went down about 17 per cent to Rs 4,729 crore.|Photograph: Facebook1 minutes went through Last Updated: Aug 07 2024|10:55 PM IST.Indian farming chemicals firm Coromandel International reported a 37.1 per-cent join first-quarter earnings on Wednesday, hurt by weakness in its fertilizer and also nutrients business.The firm's web income after tax obligation fell to Rs 311 crore ($ 37.05 million) for the April-June one-fourth coming from Rs 494 crore a year earlier.Income from procedures dropped about 17 percent to Rs 4,729 crore, producing it the business's fifth consecutive quarter of decrease.KEY CONTEXT.Agrochemical as well as fertilizer firms have reported a dull performance as excessive stock in the domestic market pressured their sales quantities and margins.However, domestic demand is counted on to detect the potential customers of above-average monsoon rainfalls this year as well as a bumper harvesting, professionals claimed.Peer SRF submitted a decrease in its revenue for the quarter, hurt by weak demand in its own chemicals service, while Deepak Fertilisers and also Petrochemicals submitted income growth, helped through reduced input expense.( Simply the headline and also photo of this document might have been revamped due to the Organization Criterion personnel the rest of the material is actually auto-generated coming from a syndicated feed.) Initial Posted: Aug 07 2024|10:55 PM IST.