The Ugar Sugar Works Limited has informed the Exchange regarding 'Submission of Machine Readable / legible copy of Financial Results '.
UGARSUGAR · price
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Awaiting price reaction for this filing.
Ugar Sugar Works reported Q1 FY26 revenue from operations of Rs. 36,388.11 lakhs, up about 5.5% from Rs. 34,494.69 lakhs in Q1 FY25. Despite the revenue growth, the company posted a net loss of Rs. 1,373.29 lakhs, wider than the Rs. 1,182.81 lakhs loss in the same quarter last year. Loss before tax was Rs. 1,410.65 lakhs versus Rs. 1,102.36 lakhs YoY. Segment-wise, Industrial Alcohol (Rs. 21,974.94 lakhs) drove revenue while Sugar and Potable Alcohol segments declined. The auditor Kirtane & Pandit LLP issued an unqualified review report with no qualifications or emphasis of matter.
Shareholders see a continuation of quarterly losses with widening bottom-line deficit, though revenue is inching up on the back of Industrial Alcohol. Q1 is typically a seasonally weak quarter for sugar makers, so the loss is not unusual, but the stock may remain under pressure until full-year earnings clarify the trend.