Bannari Amman Sugars Limited has informed the Exchange regarding Appointment of Ms B M & ASSOCIATES as Other of the company w.e.f. April 01, 2026.
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The Board of Directors of Bannari Amman Sugars Limited met on May 27, 2026, and approved the audited financial results for FY 2025-26. Total income stood at Rs. 1,91,667.27 Lakhs, up 6.9% from Rs. 1,79,297.40 Lakhs in the previous year. Net profit increased significantly to Rs. 15,018.36 Lakhs from Rs. 10,615.92 Lakhs, representing a 41.5% growth. Basic EPS improved to Rs. 117.96 per share from Rs. 83.47. The Board recommended a dividend of Rs. 12.50 per equity share (125%) for FY 2025-26, subject to shareholder approval at the AGM on September 23, 2026. Additionally, the Board re-appointed M/s Nandakumar & Sundaran and M/s BM & Associates as internal auditors, and Sri M Nagarajan as Cost Auditor, all for FY 2026-2027.
Strong financial performance with 41.5% jump in net profit and improved margins is positive for shareholders. The dividend payout maintains shareholder returns. Reappointment of existing auditors indicates continuity in governance.