Mangalore Chemicals & Fertilizers Limited — Board Meeting, 28-07-2025: Outcome of Board Meeting

Mangalore Chemicals & Fertilizers' board has announced a meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported a total income of ₹869.24 Cr and a profit of ₹61.63 Cr for the quarter, with Earnings Per Share (EPS) at ₹5.20. A key strategic update involves the ongoing process for a composite scheme of arrangement for its merger with Paradeep Phosphates Limited, pending regulatory approvals. The company is also pursuing an outstanding urea subsidy income of ₹29.14 Cr from FY21, confident of its realization despite a dispute with the Department of Fertilizers.