Annual General Meeting Notice and Annual Report for FY 2025-26 is enclosed
PONNIERODE · price
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Ponni Sugars (Erode) Ltd has posted exceptional results for FY 2025-26 with Total Income at Rs 429.46 crores (up 16% YoY) and PAT at Rs 48.03 crores (up 149% YoY). The standout performer was an exceptional income of Rs 51.64 crores from a favourable APTEL judgment on electricity tariff determination for its cogeneration plant, which more than doubled PBT to Rs 90.25 crores. Operational performance also improved with cane crushed at 7.06 lakh tonnes and sugar recovery at 9.79%. The company commissioned a 50 tcd Jaggery unit in January 2026. The Board has recommended a dividend of Rs 5 per share (up from Rs 3 last year) and proposes to transfer Rs 35 crores to General Reserve. The 30th AGM is scheduled for 24th June 2026 through video conferencing.
Strong financial turnaround driven by exceptional income from the electricity tariff case. The stepped-up dividend and record profits should be positive for shareholders, though the one-time nature of the exceptional income warrants attention.