India's Mangalore Chemicals jumps on quarterly profit surge

Mangalore Chemicals and Fertilisers

08/05/2025 06:51

** Shares of Mangalore Chemicals and Fertilizers MNGL.NS jump 4.9% to 236 rupees

** Fertilizer firm posts a threefold year-on-year surge in its Q4 profit

** Lower inventory costs helped support profit despite a 1% slip in revenue

** Stock gains after two straight sessions of losses

** Stock up ~47% so far this year

 (Reporting by Yagnoseni Das in Bengaluru)

 ((Yagnoseni.Das@thomsonreuters.com;))