Summary of Key Information:

Reporting Period: Quarter and Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Corporate Matters

Audit Opinion:

Unmodified audit opinion issued by statutory auditors M/s Verma Mehta & Associates on both standalone and consolidated financial results.

Key Financial Highlights [Amount in INR Lakhs]:

Consolidated Results:

Quarter ended March 31, 2026:

  • Revenue from Operations: ₹56,410.30
  • Total Income: ₹57,000.07
  • Net Profit: ₹5,288.48
  • EPS: ₹10.33

Year ended March 31, 2026:

  • Revenue from Operations: ₹1,98,794.26 (vs. ₹1,87,025.12 in FY25 - 6.3% increase)
  • Total Income: ₹2,00,015.34 (vs. ₹1,88,691.38 in FY25 - 6.0% increase)
  • Net Profit: ₹352.80 (vs. loss of ₹2,341.44 in FY25 - significant improvement)
  • EPS: ₹0.69 (vs. negative ₹5.11 in FY25)
  • Other Equity: ₹73,711.31
  • Cash and Cash Equivalents: ₹1,525.34

Standalone Results:

Quarter ended March 31, 2026:

  • Revenue from Operations: ₹56,210.57
  • Total Income: ₹56,786.14
  • Net Profit: ₹5,241.13
  • EPS: ₹10.24

Year ended March 31, 2026:

  • Revenue from Operations: ₹1,96,492.02 (vs. ₹1,85,316.64 in FY25 - 6.0% increase)
  • Total Income: ₹1,97,638.50 (vs. ₹1,86,920.56 in FY25 - 5.7% increase)
  • Net Profit: ₹123.62 (vs. loss of ₹2,715.95 in FY25 - significant improvement)
  • EPS: ₹0.24 (vs. negative ₹5.92 in FY25)
  • Other Equity: ₹72,183.42
  • Cash and Cash Equivalents: ₹215.19

Segment-wise Performance [Amount in INR Lakhs]:

Consolidated Segment Revenue FY26:

  • Sugar: ₹1,27,945.04
  • Cogeneration: ₹16,028.08
  • Bio-based Chemicals: ₹57,798.89
  • Distillery: ₹66,364.97
  • Interunit Transfer: (₹72,022.76)
  • Unallocated: ₹2,680.04

Consolidated Segment Operating Profit Before Interest & Exceptional Items FY26:

  • Sugar: ₹4,969.47
  • Cogeneration: (₹350.68)
  • Bio-based Chemicals: ₹3,632.15
  • Distillery: ₹947.22
  • Unallocated: (₹704.53)

Corporate Actions:

The Board approved the following appointments/re-appointments subject to shareholder approval:

1. Re-appointment of Dr. Sangeeta Srivastava (DIN: 00480462) as Whole Time Director designated as Executive Director for 3 years from August 1, 2026

2. Re-appointment of Mr. Nitin Mehta (DIN: 09174633) as Non-Executive Independent Director for 5 years from July 1, 2026 to June 30, 2031

3. Re-appointment of Mr. Samir S. Somaiya (DIN: 00295458) as Managing Director for 3 years from April 1, 2027

4. Re-appointment of Mr. Suhas Godage (DIN: 09227610) as Whole Time Director designated as Director (Work-Sakarwadi) for 3 years from April 1, 2027

5. Appointment of Mr. Dinesh Sharma (DIN: 11675064) as Whole Time Director designated as Executive Director and KMP for 3 years from date of forthcoming AGM

6. Appointment of M/s R. Nanabhoy & Co as Cost Auditor for FY 2026-27

Other Significant Information:

Exceptional Items:

  • ₹3,113.82 lakhs recognized as exceptional expenses for FY26
  • Includes ₹448.22 lakhs for impact of New Labour Codes implementation [One-time effect]
  • Includes ₹2,665.59 lakhs for additional harvest charges related to 2023-2024 sugar season [One-time effect]

Foreign Subsidiaries:

  • Consolidated results include 3 foreign subsidiaries and 1 step-down subsidiary located outside India
  • Total assets of foreign subsidiaries: ₹4,861.79 lakhs
  • Total revenues of foreign subsidiaries: ₹5,880.87 lakhs
  • Total net profit after tax of foreign subsidiaries: ₹134.96 lakhs

Domestic Subsidiary:

  • 1 domestic subsidiary included in consolidation
  • Total assets: ₹1,329.68 lakhs
  • Total revenues: ₹2,177.42 lakhs
  • Total net profit after tax: ₹106.55 lakhs

Seasonality Note: Some business segments are seasonal, impacting quarterly results which may not be representative of annual performance.