Mangalore Chemicals & Fertilizers Limited — Important, 07-05-2025: Updates

Mangalore Chemicals & Fertilizers posted a annual net profit of Rs. 143.71 Cr, slightly lower than last year’s Rs. 154.82 Cr, on revenue of Rs. 3,331.90 Cr. A dividend of Rs. 1.50 per share has been proposed. The company appointed new Cost and Internal Auditors for FY 2025-26 and re-appointed an Independent Director. It is actively pursuing a merger with Paradeep Phosphates, signaling strategic consolidation in the fertilizer sector.