Manali Petrochemicals Limited announced its un-audited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results, both standalone and consolidated, following a meeting that commenced at 2:00 PM IST and concluded at 3:25 PM IST on February 2, 2026. The company's financial statements were reviewed by Brahmayya & Co., Chartered Accountants, who provided Limited Review Reports. The report highlighted specific matters, including the pending renewal of a leasehold land for Unit-II, which expired on June 30, 2017, with the company awaiting extension from the Government of Tamil Nadu. Management expressed confidence in the renewal. Additionally, the auditors noted the impact of Cyclone Michaung, with insurance claims for damages to Property, Plant, and Equipment still under assessment. A sum of ₹1,226 lakhs (net of ₹300 lakhs received) for repairs and reinstatement is treated as insurance claims receivable. Exceptional items for the current year included an insurance claim of ₹816 lakhs for flood-affected stocks, a gain on the sale of land amounting to ₹45.87 lakhs, write-offs of unused assets totaling ₹53.93 lakhs, and an incremental impact of ₹33.62 lakhs related to the new Labour Codes. In its consolidated results, Manali Petrochemicals Limited reported the consummation of the sale of its wholly-owned step-down subsidiaries, Notedome Limited, UK, and Notedome Europe GmbH, Germany, on November 17, 2025, to AMCHEM Speciality Chemicals Private Limited, Singapore. This divestment resulted in a gain of ₹5,216 lakhs recognized as an exceptional item.
