Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Regulation 30 - Outcome of Board Meeting & Regulation 33(3)(a) - Financial Results

Audit Opinion:

The Limited Review Report by statutory auditors M/s. Mittal Gupta & Co. stated that nothing has come to their attention that causes them to believe that the accompanying statement of unaudited financial results contains any material misstatement. The opinion is clean (unmodified).

Key Financial Highlights [₹ in Lakhs]:

Standalone Results:

Quarter ended September 30, 2026:

  • Revenue From Operations: Not explicitly stated in summary table (See segment detail)
  • Other Income: ₹194.01
  • Total Income: ₹36,007.15
  • Net Profit/(Loss): ₹(2,973.13) [Net Loss of ₹297.31 Crore]
  • EPS: ₹(1.39) (Basic & Diluted)

Quarter ended September 30, 2025 (Comparison):

  • Revenue From Operations: ₹24,593.27 Lakhs
  • Other Income: ₹230.20
  • Total Income: ₹24,823.47
  • Net Profit/(Loss): ₹(3,262.24) [Net Loss of ₹326.22 Crore]
  • EPS: ₹(1.76) (Basic & Diluted)

Six Months ended September 30, 2026:

  • Revenue From Operations: ₹61,472.16 Lakhs
  • Other Income: ₹745.68
  • Total Income: ₹62,217.84
  • Net Profit/(Loss): ₹(3,884.68) [Net Loss of ₹388.47 Crore]
  • EPS: ₹(2.10) (Basic & Diluted)

Six Months ended September 30, 2025 (Comparison):

  • Revenue From Operations: ₹65,139.79 Lakhs
  • Other Income: ₹280.32
  • Total Income: ₹65,420.11
  • Net Profit/(Loss): ₹(4,200.65) [Net Loss of ₹420.07 Crore]
  • EPS: ₹(2.27) (Basic & Diluted)

Year ended March 31, 2026 (Audited):

  • Revenue From Operations: ₹1,40,193.92 Lakhs
  • Other Income: ₹715.40
  • Total Income: ₹1,40,909.32
  • Net Profit/(Loss): ₹3,083.80 [Net Profit of ₹308.38 Crore]
  • EPS: ₹1.66 (Basic & Diluted)

Segment-wise Performance [₹ in Lakhs]:

Quarter ended September 30, 2026:

  • Sugar Segment Revenue: ₹25,637.44
  • Distillery Segment Revenue: ₹21.58
  • Total Segment Revenue: ₹25,659.02
  • Sugar Segment Result (Profit/Loss before tax, interest, exceptional items): ₹(758.01)
  • Distillery Segment Result (Profit/Loss before tax, interest, exceptional items): ₹(980.25)
  • Total Segment Result: ₹(1,738.26)

Six Months ended September 30, 2026:

  • Sugar Segment Revenue: ₹57,694.08
  • Distillery Segment Revenue: ₹4,847.40
  • Total Segment Revenue: ₹62,541.48
  • Less: Inter Segment Revenue: ₹1,069.32
  • Income from operations: ₹61,472.16
  • Sugar Segment Result: ₹(3,582.22)
  • Distillery Segment Result: ₹(1,219.17)
  • Total Segment Result: ₹(4,801.39)

Balance Sheet Position (As at September 30, 2026, Unaudited) [₹ in Lakhs]:

Assets:

  • Total Assets: ₹1,01,447.10
  • Property, plant and equipment: ₹51,218.41
  • Inventories: ₹12,837.37
  • Cash and cash equivalents: ₹5,431.89
  • Bank balances other than cash: ₹29,203.15

Equity and Liabilities:

  • Equity Share Capital: ₹1,853.01
  • Other Equity: ₹76,950.39
  • Total Equity: ₹78,803.40
  • Total Liabilities: ₹22,643.70
  • Borrowings (Non-current + Current): ₹3,705.30 + ₹7,707.90 = ₹11,413.20

Corporate Actions:

The Board approved a Postal Ballot Notice dated October 29, 2026, to seek special resolutions from members for the following:

  • Continuation of Shri Rajan K. Medhekar (DIN: 07940253) as a Non-Executive Independent Director upon attaining the age of 75 years.
  • Continuation of Shri Gopal B. Hosur (DIN: 08884883) as a Non-Executive Independent Director upon attaining the age of 75 years.

Postal Ballot Schedule:

  • Cut-off Date: Friday, November 13, 2026
  • E-voting period: Commence on Wednesday, November 18, 2026, at 9:00 a.m. and conclude on Thursday, December 17, 2026, at 5:00 p.m.

Other Significant Information:

Not Specified