Mangalore Chemicals & Fertilizers Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
Awaiting price reaction for this filing.
Mangalore Chemicals & Fertilizers reported a strong Q1 FY26 with total income of Rs. 86,923.72 lakhs, up about 5.9% year-on-year from Rs. 82,052.17 lakhs in Q1 FY25. Profit after tax jumped nearly 40% to Rs. 6,163.12 lakhs (from Rs. 4,390.98 lakhs), with EPS rising to Rs. 5.20 from Rs. 3.70. Profit before tax of Rs. 8,284.32 lakhs also grew around 22% YoY, helped by lower finance costs (Rs. 1,688.29 lakhs vs Rs. 2,521.78 lakhs). The auditor (PKF Sridhar & Santhanam LLP) issued an unmodified limited review report but flagged an Emphasis of Matter on a pending Rs. 2,914 lakh urea subsidy dispute before the Delhi High Court and on the proposed merger with Paradeep Phosphates Limited.
Sharp profit growth driven by lower interest costs and operating leverage is a positive signal for shareholders, while the pending subsidy case and the ongoing merger with Paradeep Phosphates remain key items to watch for the stock.