Mysore Petro Chemicals Ltd. Approves Q3 2025 Financial Results, No Provision for Contingent Liability
Mysore Petro Chemicals Ltd. announced the approval of their unaudited standalone and consolidated financial results for the quarter ended 30th September, 2025 during a board meeting. The company reported a net profit of ₹ 129.87 Crores and decided not to make any provision for a contingent liability of ₹ 1,555.63 Lakhs, which is being challenged in the High Court of Karnataka. The company is mainly engaged in the trading of organic and inorganic chemicals. The Phthalic Anhydride Plant at Raichur, Karnataka, has been non-operational since July 2013. The company has recognized an exceptional item of ₹ 2,534.59 Lakhs due to impairment/fair value loss of investment & loan given to a subsidiary company.
Key Highlights
- Mysore Petro Chemicals Ltd. approved the unaudited standalone and consolidated financial results for Q3 2025.
- The company reported a net profit of ₹ 129.87 Crores.
- No provision was made for a ₹ 1,555.63 Lakhs contingent liability, currently under litigation.
- The company's operations are focused on trading organic and inorganic chemicals.
- An exceptional item of ₹ 2,534.59 Lakhs was recognized due to impairment/fair value loss of investment & loan given to a subsidiary company.
Price Impact
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