Mangalore Chemicals & Fertilizers Limited has informed the Exchange regarding Outcome of Board Meeting held on May 07, 2025.
Awaiting price reaction for this filing.
The Board of MCFL approved audited financial results for Q4 and FY ended March 31, 2025. Full-year revenue declined about 12% to Rs. 3,33,189.59 lakhs (from Rs. 3,79,544.16 lakhs in FY24), while profit after tax fell roughly 7% to Rs. 14,371.27 lakhs (from Rs. 15,481.52 lakhs). However, Q4 FY25 PAT jumped sharply to Rs. 1,603.15 lakhs from Rs. 484.06 lakhs a year earlier. The Board recommended a dividend of Rs. 1.50 per share (total payout ~Rs. 1,777.73 lakhs) subject to shareholder approval. Statutory auditors PKF Sridhar & Santhanam LLP gave an unmodified opinion but flagged two Emphasis of Matter items: a Rs. 2,914 lakh urea subsidy dispute pending in the Delhi High Court and the proposed merger with Paradeep Phosphates Limited.
Mixed signals for shareholders - full-year topline and bottomline contracted, and cash on hand fell sharply to Rs. 6,077.65 lakhs from Rs. 27,942.94 lakhs, but a modest dividend, lower finance costs, reduced borrowings, and a strong Q4 PAT rebound offer some comfort. The pending merger with Paradeep Phosphates and the subsidy court case remain key items to watch.