- Business
- Coastal Corporation Limited processes, produces, and exports aquaculture seafood products, primarily shrimp, from India to international markets. The company offers sea-caught and aquaculture shrimps including sea tiger, white, pink-brown, vannamei, and black tiger varieties; value-added products processed raw or cooked in frozen blocks or IQF forms; and brands such as Coastal, Coastal Premium, Coastal Gold, Jewel, and President. It holds HACCP, BRC, and BAP certifications for sourcing, processing, and packaging, targeting consumers in the United States, Europe, Canada, the United Arab Emirates, Saudi Arabia, Australia, Hong Kong, Japan, Korea, China, and Russia. Founded in 1981 as Coastal Trawlers Private Limited and converted to a public company in 1985 with its name changed to Coastal Corporation Limited in 2005, it maintains headquarters in Visakhapatnam, Andhra Pradesh. Wholly-owned subsidiaries include Continental Fisheries India Limited and Coastal Biotech Private Limited, the latter of which commenced selling grain-based ethanol to oil marketing companies upon achieving full operations. In November 2025, the board approved unaudited Q2 FY26 results showing consolidated net profit of Rs 36.7 million on revenue of Rs 1.66 billion and considered a merger proposal for its two subsidiaries to streamline operations.