Key Quantitative Figures - Financial Results (Standalone)

For the Quarter Ended 30.09.2026 (Unaudited):

  • Total Income: ₹33.87 crore
  • Revenue from Operations: ₹33.74 crore
  • Other Income: ₹0.13 crore
  • Total Expenses: ₹34.29 crore
  • Loss Before Tax: (₹4.25 crore)
  • Tax Expense: ₹1.31 crore (Deferred)
  • Net Loss: (₹4.39 crore)
  • Basic & Diluted EPS: (₹0.29)

For the Six Months Ended 30.09.2026 (Unaudited):

  • Total Income: ₹80.62 crore
  • Revenue from Operations: ₹80.17 crore
  • Other Income: ₹0.45 crore
  • Total Expenses: ₹83.42 crore
  • Loss Before Tax: (₹27.97 crore)
  • Tax Expense: ₹2.93 crore (Deferred)
  • Net Loss: (₹25.04 crore)
  • Basic & Diluted EPS: (₹1.63)

Comparative Figures (Six Months Ended 30.09.2025 - Unaudited):

  • Total Income: ₹171.74 crore
  • Net Profit: ₹23.81 crore
  • Basic & Diluted EPS: ₹1.55

Segment Reporting (Six Months Ended 30.09.2026)

Segment Revenue:

  • Sugar: ₹80.90 crore
  • Power: ₹22.41 crore
  • Distillery: ₹23.01 crore
  • Total: ₹126.32 crore
  • Less: Intersegment Revenue: ₹46.15 crore
  • Revenue from Operations: ₹80.17 crore

Segment Results (Gross Profit/Loss before tax and interest):

  • Sugar: (₹54.50) crore
  • Power: (₹0.70) crore
  • Distillery: ₹51.13 crore
  • Total: (₹4.07) crore

Balance Sheet Highlights as at 30.09.2026 (Unaudited)

Assets:

  • Total Assets: ₹11,441.25 lakh (₹114.41 crore)
  • Non-Current Assets: ₹6,017.36 lakh (₹60.17 crore)
  • Property, Plant and Equipment: ₹5,410.04 lakh (₹54.10 crore)
  • Current Assets: ₹5,421.99 lakh (₹54.22 crore)
  • Inventories: ₹2,215.34 lakh (₹22.15 crore)

Equity and Liabilities:

  • Total Equity: ₹5,746.13 lakh (₹57.46 crore)
  • Paid-Up Equity Share Capital: ₹1,535.40 lakh (₹15.35 crore) [Face Value ₹10/- each]
  • Other Equity: ₹4,210.73 lakh (₹42.11 crore)
  • Total Liabilities: ₹5,695.13 lakh (₹56.95 crore)
  • Non-Current Liabilities: ₹1,427.86 lakh (₹14.28 crore)
  • Current Liabilities: ₹4,267.26 lakh (₹42.67 crore)

Cash Flow Statement (Six Months Ended 30.09.2026)

  • Net Cash from Operating Activities: ₹16,273.12 lakh (₹162.73 crore)
  • Net Cash used in Investing Activities: ₹26.45 lakh (₹0.26 crore)
  • Net Cash used in Financing Activities: (₹17,906.95) lakh (₹-179.07 crore)
  • Net Change in Cash: (₹1,607.38) lakh (₹-16.07 crore)
  • Cash and Cash Equivalents at period end: ₹3,011.24 lakh (₹30.11 crore)

Dates and Parties Involved

Board Meeting: Commenced at 3:08 PM IST and concluded at 4:32 PM IST on 13th November 2026.

Statutory Auditor: Ashwani K. Gupta & Associates (Firm Regn. No. 003803N)

Company Secretary: Madhur Bain Singh

Managing Director: Ratfa Veer Partap Singh (DIN: 00076808)

Purpose and Rationale

The Board meeting was held to consider and approve the Un-Audited Quarterly/ Half Yearly Financial Results for the period ended September 30, 2026. The stated rationale for the performance is the seasonal nature of the sugar industry, making quarterly results non-representative of annual performance.

Financial and Operational Impact

The disclosure presents the company's financial performance and position, showing a net loss for both the quarter and the half-year period, alongside a significant reduction in total income compared to the previous year.

Capital Structure Impact

No change in paid-up equity share capital was reported for the period. The capital structure remains unchanged at ₹1,535.40 lakh.

Forward-Looking Guidance

No explicit forward-looking guidance or management commentary was provided in the document.