Audited Financial Results for the quarter and financial year ended 31.03.2026 is attached herewith
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Southern Magnesium and Chemicals Ltd reported audited results for FY 2025-26. Revenue from operations dropped sharply to Rs 335.55 lakhs from Rs 1,243.49 lakhs in the prior year, a decline of approximately 73%. Total income fell to Rs 399.07 lakhs from Rs 1,300.41 lakhs. Profit before tax came in at Rs 23.86 lakhs versus Rs 427.26 lakhs in FY 2024-25, and net profit for the year stood at Rs 12.64 lakhs compared to Rs 319.77 lakhs previously. EPS for the year is Rs 0.42 per share. Operating cash flow turned significantly negative at Rs 468.65 lakhs, down from a positive Rs 473.27 lakhs in the prior year. The company's borrowings increased to Rs 466.83 lakhs from Rs 329.46 lakhs. The auditor issued an unmodified (clean) opinion, and no going concern or qualification flags were raised.
The sharp revenue and profit contraction, combined with negative operating cash flows, signals significant deterioration in business performance. Shareholders should monitor the company's ability to reverse this trend and restore cash generation capacity.