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Zuari Agro Chemicals LimitedBoard Meeting, 31-07-2025: Outcome of Board Meeting

31-07-2025 | 01:28 pm

Zuari Agro Chemicals' board approved its Q1 financial results, showing consolidated revenue of ₹1,246 Cr and a strong PAT of ₹127.38 Cr. The company is extending repayment for a ₹60 Cr inter-corporate deposit from a related party. A significant strategic update involves a revised transfer of Mangalore Chemicals and Fertilizers (MCFL) shares for ₹418.14 Cr, part of a larger scheme that includes MCFL's proposed merger with Paradeep Phosphates. Positively, its Mahad plant has resumed operations. Investors should monitor progress on the MCFL scheme.

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