Southern Magnesium & Chemicals Ltd — Important, 04-05-2026: Company Update

Southern Magnesium and Chemicals has announced the approval of its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a profit of 0.06 Cr for the quarter and 0.13 Cr for the financial year, with total income of 1.15 Cr and 3.99 Cr respectively. Auditors gave an unmodified opinion. The board also appointed M/s. D. Hanumanta Raju & Co. as secretarial auditors and M/s. K. S. Rao & Co. as internal auditors for FY 2026-27. This ensures continued compliance and robust internal oversight.