Bannari Amman Sugars Limited has informed the Exchange regarding Re-Appointment of Mr. M NAGARAJAN as Cost Auditor of the company w.e.f. April 01, 2026.
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Bannari Amman Sugars Limited reported strong audited financial results for FY26 with net profit of Rs.15,018.36 lakhs, up 41.5% from Rs.10,615.92 lakhs in FY25. Revenue from operations grew to Rs.1,91,667.27 lakhs from Rs.1,79,297.40 lakhs. EPS improved to Rs.33.15 from Rs.28.04. The Board recommended a dividend of Rs.12.50 per equity share (125% on face value of Rs.10), subject to shareholder approval at the 42nd AGM on 23rd September 2026. The record date for dividend entitlement is 16th September 2026. The company also re-appointed Sri M Nagarajan as Cost Auditor and two firms as Internal Auditors for FY27. Additionally, the company is expanding its sugar crushing capacity from 7,500 TCD to 10,000 TCD at its Karnataka unit.
The 41.5% jump in net profit and improved EPS indicate strong operational performance, which could be positive for the stock. The maintained dividend at Rs.12.50 per share signals consistent shareholder returns. However, the document headline about cost auditor re-appointment is a routine governance matter with no direct market impact.