The Ugar Sugar Works Limited has informed the Exchange regarding Board meeting held on February 13, 2026.
UGARSUGAR · price
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The Board of Directors of The Ugar Sugar Works Limited, at its meeting held on February 13, 2026, approved the standalone unaudited financial results for the quarter and nine months ended December 31, 2025. The company returned to profitability in Q3 FY26 with a net profit of Rs. 1,375.79 lakhs, compared to a loss of Rs. 3,217.39 lakhs in the previous quarter (Sep 2025) and a profit of Rs. 452.54 lakhs in Q3 FY25. Revenue from operations for Q3 stood at Rs. 32,892.98 lakhs. For the nine months ended December 2025, the company reported a net loss of Rs. 3,214.89 lakhs, an improvement over the Rs. 6,733.36 lakhs loss in the corresponding period last year, with nine-month revenue up roughly 27% year-on-year at Rs. 1,11,807.46 lakhs. The auditor (Kirtane & Pandit LLP) issued an unmodified review report. Sugar and Industrial Alcohol remain the key revenue and profit contributors, while the new sugar crushing season (2025-26) commenced in November 2025 across both units.
The swing back to profit in Q3 FY26 is a positive signal for shareholders, though the company remains in the red on a year-to-date basis due to the seasonal nature of the sugar business. Improved nine-month performance and higher revenue suggest operational recovery, which may support sentiment, but full-year results depend on the ongoing crushing season and sugar pricing.