Latest news about Mangalore Chemicals & Fertilizers
Mangalore Chemicals Expands Portfolio with INR 72.75 Crore Acquisition of SSP Plant Aug 08, 2025
Mangalore Chemicals & Fertilizers Limited (MCFL) has approved the acquisition of a Single Super Phosphate (SSP) plant from Zuari Agro Chemicals Limited for INR 72.75 crore. The deal includes a 200,000 TPA capacity plant in Mahad, Maharashtra, along with related assets and brand. This strategic move aims to diversify MCFL's product portfolio and tap into the growing SSP market. The acquisition is expected to boost MCFL's turnover and margins. The transaction, classified as a related party deal, is set to complete within three months, subject to regulatory approvals.
Mangalore Chemicals & Fertilizers Reports 40% Jump in Q1 Net Profit Jul 28, 2025
Mangalore Chemicals & Fertilizers Publishes Newspaper Ads for NCLT Hearing on Scheme of Arrangement Jul 22, 2025
Dolly Khanna Boosts Stake in Mangalore Chemicals to 3.33% Jul 21, 2025
More news about Mangalore Chemicals & Fertilizers
07May 25
Mangalore Chemicals & Fertilizers Reports Robust Q4 Results with 230% Surge in Net Profit
Mangalore Chemicals & Fertilizers Ltd. (MCF) announced Q4 FY2023-24 results with net profit soaring 230% to ₹160 crore, despite a slight revenue dip to ₹7,700 crore. EBITDA increased to ₹376 crore with improved margin at 4.85%. The company recommended a dividend of ₹1.50 per share. Annual performance showed growth with revenue up 4.48% to ₹3,836.70 crore and net profit rising 14.92% to ₹154.80 crore. Operating profit margin for the fiscal year improved to 9.90% from 8.50%.
15Apr 25
Dolly Khanna Boosts Stake in Mangalore Chemicals & Fertilizers to 2.18%
Renowned investor Dolly Khanna has increased her stake in Mangalore Chemicals & Fertilizers from 1.75% to 2.18% during the fourth quarter of the fiscal year. This move signals growing interest in the fertilizer sector and may influence investor sentiment towards the company and the broader agrochemical market.