Southern Magnesium & Chemicals Ltd (513498) — FY26 Annual Report | 3 September 2026

Southern Magnesium & Chemicals Limited reported a net profit of ₹12.64 lakhs for FY2025-26, down from ₹319.77 lakhs in the prior year, driven by a sharp decline in revenue to ₹335.55 lakhs from ₹1,243.49 lakhs. The company highlighted ongoing operational challenges, including reduced customer demand affecting sales volumes. Management emphasized strategic focus on high-value orders and cost discipline while navigating market volatility. No dividend was declared, and the board maintained its stance on conservative capital management amid persistent profitability pressures.