Latest news about Coastal Corporation
Coastal Corporation
51.53
+0.37(+0.72%)
Company Performance:
View Company Insights1D+0.72%
1M-17.23%
6M+12.00%
1Y+33.32%
5Y-8.26%
More news about Coastal Corporation
10Apr 26
Coastal Corporation Receives Credit Rating Review from CARE Ratings for Bank Facilities Worth ₹341.78 Crore
CARE Ratings Limited reviewed Coastal Corporation Limited's credit ratings, assigning new ratings for bank facilities worth ₹81.78 crore and reaffirming ratings for ₹260.00 crore facilities, all at CARE BB; Stable/CARE A4. The ratings reflect improved revenue performance with 44.50% growth in FY25 to ₹635.40 crore, driven by increased production volumes from the third processing unit. Despite challenges from US tariffs and input cost inflation, the company showed margin improvement in 9MFY26 and is diversifying markets to reduce geographical concentration risks.
06Apr 26
Coastal Corporation Limited Submits SEBI Compliance Certificate for Q4 FY26
Coastal Corporation Limited submitted its mandatory SEBI compliance certificate for Q4 FY26 ended March 31, 2026, issued by registrar Bigshare Services Private Limited. The certificate confirms proper handling of dematerialisation activities and was submitted to NSE and BSE on April 6, 2026, ensuring regulatory compliance.
12Feb 26
Coastal Corporation Reports Q3FY26 Financial Results with Marine Products Leading Revenue Growth
Coastal Corporation Limited reported strong Q3FY26 results with standalone revenue of ₹19,171.18 lakhs and net profit of ₹316.02 lakhs, representing 156.16% growth over the previous year. Marine products contributed ₹18,953.41 lakhs while solar power operations showed exceptional growth of 799.30%. Consolidated revenue reached ₹30,813.70 lakhs with net profit of ₹709.24 lakhs. The company's subsidiary Coastal Biotech became fully operational, selling grain-based ethanol to OMCs, strengthening the renewable energy portfolio.
31Jan 26
Coastal Corporation Limited Schedules Board Meeting for February 12, 2026 to Review Q3FY26 Financial Results
Coastal Corporation Limited has scheduled a board meeting for February 12, 2026, to review and approve unaudited financial results for the third quarter ended December 31, 2025. The company issued formal notification on January 31, 2026, to both BSE and NSE. Trading window restrictions remain in effect for designated persons until February 14, 2026, ensuring regulatory compliance.
10Jan 26
Coastal Corporation Limited Receives Credit Rating Reaffirmation from CARE Ratings
CARE Ratings Limited reaffirmed Coastal Corporation Limited's credit ratings at CARE BB; Stable for long-term and CARE A4 for short-term bank facilities worth ₹234 crore. The company showed strong revenue growth of 44.50% in FY25 driven by increased production volumes, though profitability margins faced pressure from US tariffs and input cost inflation. The rating reflects both operational improvements and ongoing challenges including geographical concentration risk and liquidity pressures from the ethanol project.
11Nov 25
Coastal Corporation Reports Q2 Profit Rise, Plans Subsidiary Merger
Coastal Corporation Limited reported a consolidated net profit of Rs 366.65 lakhs for Q2 2025, with total revenue reaching Rs 16,552.75 lakhs. The company announced plans to merge two wholly-owned subsidiaries: Continental Fisheries India Limited and Coastal Biotech Private Limited. Coastal Biotech has begun selling grain-based Ethanol to Oil Marketing Companies. The company faces contingent liabilities related to Fuel Power Purchase Cost Adjustment charges for FY 2022-2023 and 2023-2024.
07Nov 25
Coastal Corporation Secures Russian Approval for Seafood Exports, Eyeing Market Expansion
Coastal Corporation Limited, a three-star export house, has received approval from the Russian Ministry of Agriculture to export seafood products to Russia. Two of the company's processing units have been approved for this purpose. This development is expected to enhance Coastal Corporation's export capabilities, contribute to revenue growth, and strengthen its position in the global seafood export market. The company views this as a significant milestone in its international expansion strategy, particularly in the Russian Federation.
22Oct 25
Coastal Corporation Secures Rs. 361.73 Crore Ethanol Supply Order for EBPP
Coastal Corporation's subsidiary, Coastal Biotech Private Limited, has secured an ethanol supply order of 56,521 Kiloliters under the Ethanol Blended Petrol Programme for 2025-26. The order, valued at approximately Rs. 361.73 crores (excluding GST), comes from two sources: 45,441 KL from Oil Marketing Companies and 11,080 KL from Reliance Jio BP. The supply is to be executed during the Ethanol Supply Year 2025-26, marking a significant step for the company in the renewable energy sector.
16Aug 25
Coastal Corporation Limited Announces Q1 FY2026 Financial Results
Coastal Corporation, a seafood processing and export company based in Visakhapatnam, has published its unaudited Q1 FY2026 financial results. The results, approved by the Board of Directors on August 14, 2025, were published in Business Standard and Andhra Prabha newspapers. The company, listed on BSE with scrip code 501831, operates three processing units in Andhra Pradesh and is recognized as a Three Star Export House by the Indian government. Full results are available on the company's website.
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424.75
(+1.90%)
156.66
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51.53
(+0.72%)
126.20
(+0.20%)
11.77
(+1.20%)
46.79
(+1.36%)
43.97
(-2.03%)
20.50
(0.0%)
13.40
(+4.69%)
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