Madras Fertilizers reported standalone net profit of ₹8,042 lakhs for FY26, a significant improvement from ₹6,425 lakhs in FY25.
The company defaulted on GOI loan repayments and faces contingent liabilities of ₹44,333 lakhs for penal interest on these defaults.
Board approved appointment of Mrs Aruna Prasad as Cost Auditor for FY26-27, subject to shareholder confirmation at AGM.
Auditors issued unmodified opinion but highlighted multiple emphasis matters including provisional subsidy recognition and inventory valuation concerns.