Zuari Agro Chemicals reports Q2 2025 results, divests subsidiary

Zuari Agro Chemicals Limited's board of directors met on November 7, 2025, to approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. Standalone total income for the quarter ended September 30, 2025, was INR 10.02 crore, with a profit after tax of INR 996.31 crore for continuing operations.

The company secured an extension of the repayment period for an Inter Corporate Deposit (ICD) of INR 110 crore from Zuari Industries Limited for an additional year and will be availing fresh ICDs of INR 85 crore from Adventz Finance Private Limited. This strategic financial adjustment aims to optimize capital structure.

A significant event during the period was the loss of control over subsidiary Mangalore Chemicals and Fertilizers Limited (MCFL) effective September 26, 2025. This transaction involved transferring 2,90,37,000 equity shares in MCFL to Zuari Maroc Phosphates Private Limited for INR 418.13 crore, resulting in an exceptional gain of INR 172.73 crore from the transfer of equity shares and INR 986.91 crore from the receipt of equity shares.