Vishwaraj Sugar Industries Limited has informed the Exchange regarding Board meeting held on August 09, 2025.
VISHWARAJ · price
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Vishwaraj Sugar Industries held its board meeting on August 9, 2025. The Board re-appointed Mrs. Sneha Nithin Dev as Whole-Time Director for a fresh 3-year term starting October 15, 2025, at Rs. 30 lakhs per annum remuneration. She is the sister of Managing Director Nikhil Katti and daughter of the late founder, confirming promoter family continuity on the board. The Board also appointed Mrs. Vinita D Modak as Secretarial Auditor for 5 years (FY26–FY30) and fixed September 24, 2025 for the 30th AGM. For Q1 FY26 (quarter ended June 30, 2025), revenue rose 31% year-on-year to Rs. 133.06 crore, but the company posted a net loss of Rs. 16.39 crore (vs Rs. 17.29 crore loss in Q1 FY25). Segment-wise, sugar turned profitable at Rs. 5.81 crore, but the distillery segment posted a sharp loss of Rs. 14.27 crore despite higher revenue.
Continued losses and weak distillery performance remain concerns despite revenue growth, which may weigh on the stock. Re-appointment of the promoter family's Whole-Time Director provides board continuity but does not change the fundamental earnings picture.