The Andhra Sugars Limited has informed the Exchange regarding Board meeting held on August 09, 2025.
ANDHRSUGAR · price
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The Andhra Sugars' Board, at its meeting on August 9, 2025, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose to Rs. 33,618.91 lakhs from Rs. 24,644.51 lakhs a year ago, a jump of about 36%. Standalone profit after tax surged to Rs. 2,497.59 lakhs (vs. Rs. 809.31 lakhs) and EPS rose to Rs. 1.85 from Rs. 0.60. Consolidated revenue grew to Rs. 59,979.10 lakhs with a PAT of Rs. 2,449.72 lakhs. The Rs. 440.17 lakhs exceptional charge relates to a Voluntary Retirement Scheme in Sugar and Co-Gen units; the company has also discontinued Sugar Unit-1 and Power Generation Unit at Tanuku from April 1, 2025. The Board also recommended the appointment of Mr. Kanuri Rama Seshayya (DIN 05162760), a former Chief Executive of the company, as an Independent Director for five years from September 25, 2025, subject to shareholder approval at the AGM.
Strong year-on-year profit growth driven by Chlor-Alkali and Industrial Chemicals segments should be viewed positively, though the Sugar segment deepened its loss and the company is shutting down an older sugar and power unit. The proposed independent director appointment is a routine governance matter and not expected to materially affect shareholders.