Q2 revenue drops 39% year-on-year and net loss widens to Rs 24 crore
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On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 2.5 pts less than its Sugar peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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For the quarter ended September 30, 2025, revenue from operations fell 39.3% to Rs 246.06 crore from Rs 405.47 crore. Net loss widened to Rs 23.99 crore from Rs 9.38 crore. In six months, revenue rose 10.9% to Rs 651.40 crore, but net loss widened to Rs 42.01 crore. Cash generated from operations was positive at Rs 558.77 crore. The auditor's review was clean; the company also notes that sugar earnings are seasonal.
Lower Q2 revenue and a wider loss may pressure the stock, although positive operating cash flow and lower inventory provide some support.