Submission of Financial Results for the quarter ended December 31, 2025 pursuant to Regulation 33(3) of the SEBI Listing Regulation 2015
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Shree Hanuman Sugar & Industries Ltd submitted its Q3 FY26 results, with the company currently under the Corporate Insolvency Resolution Process (CIRP) since September 2024, with a Resolution Professional in charge. Revenue from operations for the quarter was just Rs 3.66 lakhs (down from Rs 3.87 lakhs in Q3 FY25), while 9-month FY26 revenue fell sharply to Rs 9.28 lakhs from Rs 16.36 lakhs a year ago. The company reported a net loss of Rs 18.68 lakhs for Q3 and Rs 71.22 lakhs for the nine months, much wider than the Rs 16.36 lakh loss in the same period last year. The auditor (BDS & Co.) issued a qualified review opinion, and the sugar mill at Bihari, Bihar remains shut due to old equipment, financial crunch, and labour unrest. Negative reserves of Rs 550.74 lakhs and only construction segment activity underscore the company's distressed state.
Shareholders should note that the company is insolvent and under IBC proceedings, with widening losses, a non-operational sugar mill, and negative reserves — meaning equity holders are unlikely to see recovery unless a successful resolution plan is approved by creditors.