1. The Unaudited Financial Results along with Limited Review Report for the Quarter Ended 30th September, 2025 2. The related party transactions for the half year ended 30th September, 2025
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UR Sugar Industries Ltd's board, on November 12, 2025, approved unaudited financial results for the quarter and half-year ended September 30, 2025, along with related party transaction disclosures. The company reported zero revenue from operations in Q2 FY26 and Q1 FY26, with all income coming from 'other income' of Rs 22.99 lakhs in Q2 FY26 (vs Rs 22.53 lakhs in Q1 FY26) and Rs 45.51 lakhs for H1 FY26. Profit after tax for H1 FY26 stood at Rs 25.04 lakhs (vs Rs 10.66 lakhs in H1 FY25), an increase of about 135%, but this entire profit is essentially interest income on parked cash. Total expenses were Rs 12.05 lakhs for H1 FY26. The auditor (Vijay Panchappa and Co) issued an unmodified limited review report.
Despite headline PAT growth, the company has no operating revenue and is generating profits only from interest on idle cash. Operating cash flow turned negative at Rs -23.34 lakhs in H1 FY26 (vs Rs -103.86 lakhs in FY25), confirming the core business is not self-sustaining. Shareholders should view the 'profitability' with caution as the sugar business has not yet started commercial operations.