Zuari Agro Chemicals Limited — Important, 14-05-2025: General Updates

Zuari Agro Chemicals has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue hit ₹4,490 Cr with a profit before tax of ₹303 Cr for the year, while standalone operations showed a loss before tax of ₹72 Cr. Production at the Mahad plant is temporarily halted due to raw material shortages, expected to restart by June 2025. The company is progressing with the proposed merger of Mangalore Chemicals and Fertilizers with Paradeep Phosphates. It is also addressing a show cause notice related to past financials.