PSCL Board approves Q2 results and 76 percent stake acquisition in Senatla EV
PRUDMOULI · price
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Prudential Sugar Corp board approved Q2 FY26 unaudited results. Standalone Q2 revenue Rs 903.97 lakhs, net profit Rs 81.03 lakhs. H1 FY26 standalone revenue Rs 1,912.48 lakhs, net profit Rs 238.53 lakhs. Consolidated H1 net profit Rs 288.84 lakhs. Board also approved converting its 11 September 2025 MOU into a Share Subscription Agreement to acquire 76 percent equity in Senatla EV Products Pvt Ltd for Rs 5.31 crore, marking a major business pivot from sugar to EV components.
Strategic shift from sugar to EV sector with 76 percent acquisition of Senatla EV for Rs 5.31 crore. Diversification may boost investor interest in EV exposure.