We are herewith submitting the Audited Financial Results along with Audit Report, Notes, Statement of Related Party Transactions and declaration for unmodified opinion, for the quarter/year ....
VISHWARAJ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vishwaraj Sugar Industries Ltd reported a net loss of Rs. 28.17 crore for FY2026, compared to a loss of Rs. 37.02 crore in FY2025. Revenue declined by 17% to Rs. 376.81 crore from Rs. 453.92 crore, primarily due to increased sugarcane prices fixed by Karnataka state government (Rs. 50 above FRP) and higher raw material costs. The sugar segment reported a loss of Rs. 142.34 crore, partially offset by distillery profit of Rs. 112.04 crore. The company commissioned a new 150KLPD ethanol plant in January 2026. Cash loss for the year was Rs. 9.89 crore. Related party transactions include cane purchases from directors and their relatives totaling Rs. 393.90 lakh for the half year.
The company continues to be loss-making with declining revenue and high debt (debt-equity ratio at 1.66). While the auditor issued an unmodified opinion, the current ratio below 1 (0.76) and negative PAT signal financial stress. Shareholders should monitor liquidity and debt servicing capacity closely.