Mangalore Chemicals & Fertilizers Limited — Important, 14-02-2025: Updates

The Board of Directors of Mangalore Chemicals & Fertilizers has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The total income for this period reached ₹97,480.95 crore, marking a significant increase from the corresponding previous period. Notably, the company reported a profit before tax of ₹7,492.74 crore and a post-tax profit of ₹5,738.66 crore.

Additionally, the Board appointed Mis. Kedarnath & Karthik as the Secretarial Auditor for the fiscal year 2024-25. The company is in the process of a merger with Paradeep Phosphates Limited, with further details pending requisite approvals. As the company navigates these changes, investors should monitor both the financial trajectory and the merger's potential implications for future growth.