Financial Results as on 31.03.2026

SBEC Sugar reported a standalone net loss of Rs 6,280.89 Lacs for FY 2026, compared to a loss of Rs 1,178.61 Lacs in the previous year. Revenue from operations declined to Rs 53,516.06 Lacs from Rs 63,097.64 Lacs. The auditors issued a Qualified Opinion due to non-provisioning of Rs 3,543.78 Lacs as interest on late payment of cane dues (ongoing since FY 2012-13) for which the company has applied for waiver from the Cane Commissioner. Other equity turned negative at Rs 17,091.19 Lacs indicating erosion of net worth. On a consolidated basis, the company reported profit of Rs 1,865.54 Lacs primarily due to Rs 8,334.25 Lacs share of profit from joint venture. The auditors also noted restatement of prior year figures for joint venture accounting treatment by subsidiary SBEC Stockholding and Investment Limited.