Coastal Corporation achieves record turnover, expands biofuels operations in FY25

Coastal Corporation Limited announced a record-breaking consolidated turnover of Rs. 639.32 crore for FY25, a 44.43% increase from the previous year’s Rs. 442.64 crore. Standalone turnover also surged by 45% to Rs. 623.47 crore, attributed to a 48% rise in production volumes from its three processing units. Despite a slight dip in consolidated net profit to Rs. 4.48 crore (from Rs. 4.52 crore in FY24), impacted by countervailing duties, the company’s business operations remained fundamentally strong.

A significant strategic move was the full-scale ethanol production commencement by its subsidiary, Coastal Biotech Private Limited, in May 2025, projecting a turnover of Rs. 300 crore and a net profit of Rs. 18 crore in the coming year. The company's solar power unit also contributed significantly, generating 48.14 lakh units of clean energy. The 44th Annual General Meeting will be held on Friday, September 26, 2025, to approve the Annual Report and other resolutions, including a dividend of Rs. 0.22 per equity share.