We would like to inform you that the Board of Directors ('the Board') of the Company at its meeting held today i.e. November 12, 2025 inter-alia has approved the following: 1. Un-Audited ....
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SBEC Sugar's board approved standalone and consolidated unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025). Standalone revenue from operations for Q2 stood at Rs. 14,671.60 lakhs (vs Rs. 13,711.69 lakhs in Q2 FY25), while H1 revenue fell to Rs. 26,609.79 lakhs from Rs. 27,775.02 lakhs a year ago. The company reported a standalone loss of Rs. 2,553.72 lakhs in Q2 (slightly narrower YoY) but a wider H1 loss of Rs. 4,892.07 lakhs versus Rs. 3,583.03 lakhs in H1 FY25, with EPS at Rs. (10.27). On a consolidated basis, the H1 loss widened further to Rs. 5,463.14 lakhs. The board also accepted the resignation of Mr. Ankit Bisht, Company Secretary and Compliance Officer, effective November 15, 2025.
Losses continue to deepen and other equity is sharply negative (Rs. -15,782 lakhs standalone), raising going-concern concerns. The auditor issued a qualified conclusion flagging unprovided cane interest of Rs. 2,080 lakhs and a Rs. 14,686 lakh exposure to the now-fully-eroded Modi Industries. Short-term borrowings nearly doubled versus March 2025, signalling tighter liquidity. Shareholders should view this negatively, though the Company Secretary exit alone is routine.