Madras Fertilizers Limited — Results, 11-11-2025: Integrated Filing- Financial

Here is the summary of the financial results:

1. **Financial Performance:** Q2 FY26 standalone revenue was ₹108.33 Cr, down 12.6% YoY. For the half-year, revenue grew 5.4% to ₹242.08 Cr.

2. **Profitability & EPS:** The Q2 net loss improved to ₹11.86 Cr (vs ₹14.50 Cr YoY), with EPS at ₹(7.91). The half-year net loss also narrowed to ₹26.74 Cr (vs ₹27.04 Cr YoY).

3. **Growth Drivers & Expense Trends:** The narrower Q2 loss, despite revenue decline, was due to over 12% YoY cost reduction. Half-year revenue growth was primarily driven by the Urea segment.

4. **Final Lens for Investors:** The results reflect mixed financial momentum, showing improved loss control amid varying revenue performance.