Southern Magnesium & Chemicals
84.50
+0.17(+0.20%)
Market Cap₹25.35 Cr
PE Ratio200.79
Company Performance:
1D+0.20%
1M+11.18%
6M-29.17%
1Y-36.94%
5Y+454.46%
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More news about Southern Magnesium & Chemicals
23Oct 25
Southern Magnesium's Managing Director Resigns, Citing Health Issues
Mr. Nuthakki Ravi Prasad, Managing Director and CEO of Southern Magnesium & Chemicals Limited, has submitted his resignation effective October 23, 2025, citing health concerns. His previously approved re-appointment for November 13, 2025 to November 12, 2028 has been revoked. The company confirmed no other material reasons for the resignation besides health issues.
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07Aug 25
Southern Magnesium and Chemicals Reports Q2 Loss, Reappoints Key Executives
Southern Magnesium & Chemicals Limited (SMCL) reported a net loss of ₹9.86 lakhs for Q2, down from a profit of ₹177.80 lakhs in the same quarter last year. Revenue from operations decreased to ₹21.70 lakhs from ₹81.12 lakhs. The company reappointed Mr. N Ravi Prasad as Managing Director and CEO, and Mr. N Rajender Prasad as Joint Managing Director and CFO, both for three-year terms. SMCL's 39th AGM is scheduled for September 29, to be held virtually.
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07Aug 25
Southern Magnesium & Chemicals Reports Q1 Loss, Approves Key Management Reappointments
Southern Magnesium & Chemicals Limited reported a net loss of Rs 9.86 lakhs for Q1 FY2025-26, compared to a profit of Rs 177.80 lakhs in the same quarter last year. Revenue from operations decreased by 73.25% to Rs 21.70 lakhs. The company reappointed Mr. N Ravi Prasad as Managing Director and CEO, and Mr. N Rajender Prasad as Joint Managing Director and CFO, both for three-year terms. The 39th Annual General Meeting is scheduled for September 29, 2025, via video conferencing.
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1 Year Returns:-36.94%
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