The Ugar Sugar Works Limited has informed the Exchange regarding Board meeting held on May 12, 2025.
UGARSUGAR · price
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The Ugar Sugar Works' board met on May 12, 2025 and approved the audited financial results for Q4 and full year ended March 31, 2025. Full-year revenue from operations rose to Rs. 1,40,741 lakhs from Rs. 1,27,724 lakhs a year ago, but the company slipped into a loss of Rs. 1,625 lakhs (after tax) versus a profit of Rs. 2,114 lakhs in FY24, with EPS turning negative at Re. (1.44). Q4 alone was strong, with profit after tax of Rs. 5,108 lakhs (up from Rs. 1,736 lakhs) and revenue of Rs. 52,421 lakhs. The Industrial Alcohol segment showed robust growth, while Sugar, Co-generation and Potable Alcohol segments declined. The board did not recommend any dividend for FY25 and fixed the AGM for August 5, 2025. The statutory auditor issued an unmodified opinion on the results.
Shareholders will see no dividend this year and full-year profitability has reversed into a loss despite higher topline, which is a negative signal. However, the sharp recovery in Q4 profit and the continuing strength in the Industrial Alcohol segment may provide some cushion to the stock. The merger of subsidiary Ugar Theaters simplifies the group structure but means no consolidated numbers are required.