Revenue for the quarter increased 6.7% year-on-year to ₹1,604 crore compared with ₹1,504 crore in the corresponding quarter of the previous year. EBITDA declined 22% year-on-year to ₹285 crore from ₹365 crore, while EBITDA margin narrowed to 18% from 24.3% in the year-ago period.
Balrampur Chini Mills Ltd said its board has approved the re-appointment of Vivek Saraogi as Chairman and Managing Director of the company for a period of five consecutive years beginning April 1, 2027.
Also Read: Explained – Why Balrampur Chini, Dhampur and other sugar stocks are down up to 7% on Thursday
The re-appointment was approved based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, and remains subject to shareholder approval at the ensuing annual general meeting. The company said his office will not be liable to retire by rotation.
Vivek Sarapgi, Chairman and Managing Director of Balrampur Chini Mills, said, “The sugar segment delivered stable performance during the quarter despite a hike of 8% in sugarcane price y-o-y from ₹370/qtl. to ₹400/qtl. by the Uttar Pradesh government, which led to reduced margins.
This was partly offset by higher sugar sales volumes coupled with a marginal increase in realisations. Results of the distillery segment were subdued as the govt did not increase the Ethanol procurement price from the juice and B-heavy route for three consecutive years.
Also Read: Balrampur Chini to raise ₹450 crore via preferential issue; hikes PLA capex
Sugarcane crushing in the quarter was 1.6% higher y-o-y at 622.2 lac qtls. For the entire season Company crushed 1043 lac qtls. which is 5.2% higher than the previous season. Gross sugar recovery before diversion in Q4FY26 was lower by 9 bps at 11.59%. Gross sugar recovery before diversion for the season was 11.24% as compared to 11.28% in the previous season.
Shares of Balrampur Chini Mills Ltd ended at ₹537.15, down by ₹3.20, or 0.59%, on the BSE.
