SUBMISSION OF FINANCIAL RESULTS FOR FY 2025-26.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Parvati Sweetners and Power Ltd reported a massive revenue decline to Rs 1,798.68 lakhs from Rs 5,356.95 lakhs in the previous year—a fall of about 66%. The company swung to a net loss of Rs 1,304.93 lakhs compared to a modest profit of Rs 58.48 lakhs in FY 2024-25. Cost of raw materials consumed (Rs 3,741.29 lakhs) significantly exceeded revenue, indicating severe operational stress possibly due to sugarcane pricing or low crushing volumes. Operating cash flow turned marginally negative at Rs 5.81 lakhs. The auditor issued a clean, unmodified report with no qualifications. The company received a capital subsidy of Rs 648 lakhs from MPIDC for factory expansion.
Shareholders should be alarmed by the sharp revenue contraction and deep net loss. The stock may face selling pressure given the 66% revenue decline and operating cash outflow. However, the clean audit and capital subsidy provide some support.