GODAVARIBNSEGodavari Biorefineries LimitedHighNeutral
Announced Fri, 13 Feb · 19:06 IST

Godavari Biorefineries Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Godavari Biorefineries reported Q3 FY26 standalone revenue of Rs 45,608 lakhs, up about 2.4% year-on-year (Rs 44,537 lakhs in Q3 FY25) and ~8% sequentially. Standalone profit after tax for the quarter came in at Rs 810 lakhs versus Rs 611 lakhs in Q3 FY25, a ~32% improvement, marking a swing from the Rs 4,263 lakh loss posted in Q2 FY26. For the nine months ended December 2025, standalone revenue grew ~10% YoY to Rs 1,40,281 lakhs, but the company still reported a net loss of Rs 5,118 lakhs, though narrower than the Rs 5,724 lakh loss in 9M FY25. Two exceptional items dragged profits: Rs 2,665.59 lakhs as additional harvest charges for the 2023-24 sugar season (to stay competitive with neighbouring mills) and Rs 787.72 lakhs as an estimated one-time impact of the new Labour Codes notified in November 2025. The sugar and distillery segments swung to operating profits in Q3, leading the recovery.

Likely market impact

The return to a quarterly profit and sequential turnaround is a positive sign, especially in sugar and distillery segments, but the nine-month bottom line remains in the red and exceptional charges of Rs 3,453 lakhs continue to weigh on earnings. Investors should watch whether margins sustain and whether the new Labour Codes trigger further provisions in coming quarters.