MFL has informed that the Board at its meeting held on 12.08.2025 had approved the Unaudited Financial results for the quarter ended 30.06.2025 as recommended by Audit Committee.
MADRASFERT · price
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Madras Fertilizers Limited reported Q1 FY26 revenue from operations of Rs. 67,237 lakhs, up 2.6% from Rs. 65,515 lakhs in Q1 FY25. Profit after tax rose to Rs. 4,406 lakhs (vs Rs. 4,048 lakhs), with EPS of Rs. 2.74 (vs Rs. 2.51). Total income stood at Rs. 68,504 lakhs and total expenses increased to Rs. 62,616 lakhs, mainly driven by higher raw material costs. Revenue includes Rs. 56,532 lakhs of government subsidy (Neem-coated urea and freight). The auditor issued a clean limited review report but flagged an Emphasis of Matter on subsidy rate uncertainty and a Rs. 5,000 lakh penalty provision for not meeting energy norms. The Board also appointed a secretarial auditor for five years (FY26-FY30).
Marginal top-line and bottom-line growth keeps results broadly stable for shareholders, but the auditor's emphasis on pending subsidy rate revision and energy-norm penalties highlights ongoing earnings uncertainty linked to government policy. The subsidy and penalty-related risks could create volatility in future quarters if GoI changes pricing terms.