MANGCHEFER2024-10-012024-12-31 MANGCHEFER2024-10-012024-12-31 MANGCHEFER2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member MANGCHEFER2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member MANGCHEFER2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530011 MANGCHEFER NOTLISTED Mangalore Chemicals & Fertilizers Limited Equity 2024-04-01 2025-03-31 2025-02-04 2025-01-28 INR Lakhs Third quarter 11:30:00 13:10:00 2025-02-04 2025-02-04 Not applicable Single segment FERTILIZER 2024-10-01 2024-12-31 Unaudited Standalone 9676594000.00 71501000.00 9748095000.00 5355202000.00 475033000.00 -406844000.00 172018000.00 159201000.00 190597000.00 3053614000.00 8998821000.00 749274000.00 0.00 749274000.00 198691000.00 -23283000.00 175408000.00 0.00 573866000.00 0.00 0.00 0.00 0.00 573866000.00 -1401000.00 572465000.00 0.00 0.00 1185487000.00 10 4.84 4.84 0.00 0.00 4.84 4.84 Notes: 1. The unaudited financial results for the quarter ended December 31, 2024 and year to date from April 1, 2024 to December 31, 2024 of Mangalore Chemicals and Fertilizers Limited (“the Company”) have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 04, 2025 and has been subjected to limited review by auditors. 2. The unaudited financial results have been prepared in accordance with the Indian Accounting Standards (“Ind AS”) prescribed under Section 133 of the Companies Act, 2013, read with relevant Rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3. The Company is engaged in the manufacture, sale and trading of fertilisers which constitutes a single operating segment as per Ind AS 108 and hence separate segment disclosures have not been furnished. 4. The urea concession income for the period / year has been recognized based on the applicable extant policy guidelines, as per management estimate in line with known policy parameters, pending finalization by the Government of India (‘GOI’). The subsidy income for phosphatic and potassic fertilisers under Nutrient Based Subsidy Policy has been accounted in line with the applicable extant policy guidelines notified by GOI from time to time, pending finalization by GOI. 5. The Company had during the year ended March 31, 2021 recognised urea subsidy income of INR 2,914 Lakhs without benchmarking its cost of production using naphtha with that of gas-based urea manufacturing units recently converted to natural gas, as notified by the Department of Fertilizers [DoF] for subsidy income computation, against which the Company had filed a writ petition against the DoF before the Hon’ble High Court of Delhi [DHC]. Pending finalization of writ petition before the DHC, the management, based on legal opinion and considering the fact that the energy cost is always a pass through in subsidy computation, believes that artificial benchmarking is arbitrary and discriminatory and is confident of realisation of the aforesaid subsidy income. 6. Pursuant to the scheme of merger dated February 07, 2024, subsequently modified on November 25, 2024, the Board considered and approved a composite scheme of arrangement amongst the Company, M/s.Paradeep Phosphates Limited (“Transferee Company”) and their respective creditors and shareholders ( Scheme ), under Sections 230 to 232 of the Companies Act, 2013 ( Companies Act ) and other applicable laws, for inter alia, the amalgamation of the Company with and into the Transferee Company by way of a merger. Necessary accounting effect of the scheme would be given in due course upon receipt of requisite approvals. 7. Previous year / period’s figures have been regrouped / rearranged wherever considered necessary, to conform with current period’s classification. Single segment 2024-04-01 2024-12-31 Unaudited Standalone 25580966000.00 189320000.00 25770286000.00 13703947000.00 1022269000.00 -374561000.00 541644000.00 615943000.00 573566000.00 7844144000.00 23926952000.00 1843334000.00 0.00 1843334000.00 509300000.00 57222000.00 566522000.00 0.00 1276812000.00 0.00 0.00 0.00 0.00 1276812000.00 -5783000.00 1271029000.00 0.00 0.00 1185487000.00 10 10.77 10.77 0.00 0.00 10.77 10.77 Other Expenses 3053614000.00 Other Expenses 7844144000.00 -993000.00 -7728000.00 408000.00 -1945000.00 0.00 0.00