MADRASFERT2024-10-012024-12-31 MADRASFERT2024-10-012024-12-31 MADRASFERT2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member MADRASFERT2024-10-012024-12-31in-bse-fin:OneOperatingExpenses02Member MADRASFERT2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member MADRASFERT2024-10-012024-12-31in-bse-fin:FourOperatingExpenses02Member MADRASFERT2024-12-31 MADRASFERT2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member MADRASFERT2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 590314 MADRASFERT NOTLISTED Madras Fertilizers Limited Equity 2024-04-01 2025-03-31 2025-02-11 2025-02-03 INR Lakhs Third quarter 12:00:00 15:45:00 2025-02-11 2025-02-11 Not applicable Single segment Manufacturing of Chemical Fertilizers 2024-10-01 2024-12-31 Unaudited Standalone 7995200000.00 93800000.00 8089000000.00 3432800000.00 49700000.00 773300000.00 433200000.00 151700000.00 26900000.00 2236000000.00 7103600000.00 985400000.00 0.00 985400000.00 239100000.00 0.00 239100000.00 0.00 746300000.00 0.00 0.00 0.00 0.00 746300000.00 0.00 746300000.00 746300000.00 0.00 161100000.00 10 4.63 4.63 0.00 0.00 4.63 4.63 1.The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 11th February 2025. The results for the Quarter ended 31st Dec 2024 have been subjected to Limited Review by the Statutory Auditors. 2.Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 “Interim Financial Reporting” prescribed under Section 133 of the Companies Act, 2013.The interim financial results are prepared and presented in accordance with the significant accounting policies and methods as adopted in the audited financial statements for the year-ended 31st Mar, 2024. 3.During the quarter ending Dec 31, 2024, there was a shut-down of plants as detailed hereunder: Plant Number of days Reason Ammonia Plant Nil NA. Urea Plant 2 Plant shutdown due to E162 heat exchange tube leak Complex Fertilizer Plants Entire quarter Safety issues and manpower shortage. 4.Fertilizer manufacture is the only main business segment and trading operations are less than 10% of the total revenue. Further, the Company is engaged in providing and selling its products in single economic environment in India i.e., there is a single geographical segment. Hence, there is no requirement of segment reporting for the Company as per Ind AS 108 (Segment Reporting). 5.Accounting of Subsidy: The revenue from operations includes a sum of Rs. 171310.72 Lakhs of subsidy consisting of : a.Rs. 167310.78 Lakhs towards subsidy for Neem coated Urea and b.Rs.4293.76 Lakhs for freight subsidy. c.The above subsidy is net of recovery of Rs.1031.82 Lakhs, being the additional compensation given in excess for NPK for the period 01.04.2010 to 31.03.2012. d.The cost of raw materials consumed includes Rs.738 Lakhs, being the pooled price of gas relating to FY 2022-23. The said sum has also been considered as escalation claim receivable under revenue from operations as subsidy income, pending the final notification of rate of subsidy eligible for FY 2022-23. The subsidy eligible for Neem coated urea has been arrived at by the Company in accordance with policy parameters framed by GoI. The rate adopted by the Company for accounting the subsidy claim amounted to Rs.44,162 per MT. The said rate is subject to variation upon final determination of rates by GoI under new pricing scheme. The impact on the variation of subsidy rate will be given effect to in the accounts as and when the same is communicated by GoI. The subsidy rate has been announced upto FY 2021-22 by GoI and there was no significant variation from the subsidy accounted and subsidy realised. 6.The Company has defaulted in the repayment of principal of Rs.55424/- Lakhs and interest of Rs.93205.60 Lakhs in respect of loans availed from GoI. The proposal of restructuring the said loan with GOI is under progress. 7.The provision for liability towards gratuity, post-retirement benefits and leave encashment has been made on an estimated basis. 8.Provision for income tax has been made on an estimated basis on the profits for the nine months. The effect for recognition of deferred tax asset / liability, as the case may be, shall be considered at year-end except for deferred tax on other comprehensive income. Single segment 2024-04-01 2024-12-31 Unaudited Standalone 19870900000.00 277100000.00 20148000000.00 9735400000.00 108800000.00 686500000.00 1042900000.00 472000000.00 80800000.00 6462100000.00 18588500000.00 1559500000.00 0.00 1559500000.00 392600000.00 0.00 392600000.00 0.00 1166900000.00 0.00 0.00 0.00 0.00 1166900000.00 973800000.00 2140700000.00 2140700000.00 0.00 1611000000.00 10 7.24 7.24 0.00 0.00 7.24 7.24 Operating and Maintenance Expenses 2195300000.00 Other Expenses 40700000.00 Operating and Maintenance Expenses 6287900000.00 Other Expenses 174200000.00 0.00 -700900000.00 Tax (Expenses) / Benefit on the above 0.00 Tax (Expenses) / Benefit on the above 272900000.00 0.00 272900000.00 0.00 0.00