Un-Audited Financial Results.
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Awaiting price reaction for this filing.
Indian Sucrose Limited reported weak unaudited results for Q2 FY26 with revenue from operations falling to Rs 3.91 crore from Rs 5.71 crore in Q2 FY25, a decline of about 31%. For the half year (H1 FY26), revenue dropped to Rs 12.28 crore from Rs 18.76 crore in H1 FY25, a fall of roughly 34%. The company swung to a loss of Rs 0.49 crore in H1 FY26 compared to a profit of Rs 4.31 crore in the same period last year, with EPS at (0.25) vs 0.55. Cash and bank balances plunged sharply from Rs 13.81 crore (March 2025) to just Rs 0.37 crore as of September 2025, though loans given rose to Rs 15.80 crore from Rs 0.68 crore. The auditor (SSVS and Co) issued an unqualified limited review report with no qualifications.
Negative for shareholders — sharp revenue decline and a return to losses signal weak sugar season performance; the cash drain and seasonal nature of the business (per company note) mean H1 results may not reflect full-year trends, but near-term sentiment is likely to remain subdued.