Revenue increased 6% year-on-year to ₹1,636.8 crore, from ₹1,542.3 crore in the year-ago period.
Earnings before interest, tax, depreciation and amortisation (EBITDA) declined 15% to ₹114 crore, compared with ₹134.3 crore a year ago. The company’s EBITDA margin stood at 6.96%, down from 8.71% in the corresponding period last year.
In the sugar segment, revenue increased to ₹1,225.3 crore in Q1 FY27 from ₹1,167.6 crore in the year-ago quarter. Sugar realisation increased to ₹41.55 per kg from ₹40.63 per kg, while total sugar sales stood at 24.49 lakh quintals compared with 25.45 lakh quintals a year earlier.
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Sugarcane crushed increased to 33.28 lakh quintals from 21.78 lakh quintals, while sugar production rose to 3.61 lakh quintals from 2.48 lakh quintals. Sugar recovery before sacrifice stood at 11.75%, compared with 11.57% in Q1 FY26, while net sugar recovery was 10.86% against 11.38%.
The company had sugar inventory of 45.67 lakh quintals as of June 30, 2026, valued at ₹37.19 per kg, compared with 48.45 lakh quintals valued at ₹35.50 per kg as of June 30, 2025.
Distillery revenue increased to ₹539.62 crore from ₹461.47 crore in Q1 FY26. Sales rose to 8.38 crore bulk litres from 7.14 crore bulk litres, while the average blended realisation, including Extra Neutral Alcohol (ENA) and other products, stood at ₹58.86 per bulk litre.
For the Ethanol Blending Programme (EBP), Oil Marketing Companies (OMCs) have contracted around 1,048.4 crore bulk litres for Ethanol Supply Year (ESY) 2025-26. Supply stood at around 717.29 crore bulk litres as of June 30, 2026, resulting in ethanol blending of around 19.99%.
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Balrampur Chini said the 80,000-tonne-per-annum Poly Lactic Acid (PLA) plant remains largely on track, with commissioning expected in the second half of FY27. The revised gross capital expenditure for the project is around ₹3,080 crore.
The company said it had spent around ₹2,180 crore on the PLA project as of July 31, 2026. Civil erection was around 92% complete, equipment erection was around 68% complete, and 94% of the model review had been completed.
The PLA project has a proposed funding structure of ₹1,650 crore through debt and ₹1,430 crore through equity or internal accruals. The company has also raised ₹450 crore through equity shares to fund the ₹230 crore increase in the revised capex.
Separately, Balrampur Chini Mills announced the appointment of Vartika Shukla as an Additional Director in the category of Non-Executive Independent Director, subject to shareholder approval.
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Shukla has been appointed for a term of five consecutive years, effective from August 11, 2026, to August 10, 2031. The appointment was made based on the recommendation of the Nomination and Remuneration Committee.
According to the company, Shukla has over 38 years of experience in engineering consultancy, project management, business strategy and energy sector transformation.
Vivek Saraogi, Chairman and Managing Director of Balrampur Chini Mills Ltd, said, “The company has commenced the fiscal on a stable note. Revenues were up in both the sugar and distillery segments owing to higher realisations in sugar and higher volumes in distillery.
During the quarter ended June 2026, sugarcane crushing and sugar production were higher. The increase is owing to higher sugarcane availability during the season. We continue to work on cane development activities and varietal rebalancing.
The tightness in the demand-supply situation has led to firming up of sugar prices, providing a bit of relief to the millers to compensate for the increase in sugarcane prices and compressed margins in Ethanol on account of no increase in prices under Juice & B-heavy routes over the past 3 years.
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The company carries sugar inventory of 45.67 lakh qtls. as at 30th Jun-26 at a valuation of ₹37.19 per kg. The progress of 80,000 tons PLA Plant remains largely on track with revised capex of Rs 3080 crore. We expect the plant to commence operations in H2FY27. Construction activities are in full swing.”
Shares of Balrampur Chini Mills Ltd ended at ₹630.25, down by ₹24.10, or 3.68%, on the BSE.
