Business

 Q1 FY26 results : Avadh and Magadh Sugar4

The Board of Directors of Magadh Sugar & Energy Limited (MSEL) (BSE: 540650 / NSE: MAGADSUGAR) at its meeting held on August 05, 2025 approved and took on record the unaudited Financial Results for the Quarter ended June 30, 2025.

Financial Highlights:

Q1FY26

  • Total Income in Q1FY26 at Rs. 333.88 Crores compared to Rs. 359.69 Crores in Q1FY25.
  • EBITDA in Q1FY26 at Rs. 19.92 Crores vs Rs. 35.57 Crore in Q1FY25.
  • PAT in Q1FY26 at Rs. 0.22 Crore compared to Rs. 11.43 Cr in Q1FY25.

Mr. C.S. Nopany, Chairperson of Magadh Sugar & Energy Ltd, stated : This season has truly tested the resilience of the sugar industry with production effected by climatic uncertainties, pest challenges, and shifting ethanol priorities. However, we view this development as part of a broader evolution towards a more diversified and sustainable energy ecosystem. The early achievement of the 20% ethanol blending target is a testament to the industry’s adaptability and leadership in supporting the national energy agenda.

As we look forward to a more favourable 2025-26 season, our focus remains firmly on operational excellence, strategic expansion of distillery capacity, and collaborative engagement with farmers and policymakers to ensure long-term stability. We are committed to driving sustainable growth, and our recent upgrades at the Narkatiaganj unit — including enhanced crushing capacity and the implementations of steam-saving initiatives — are now fully operational for the 2024-25 season, reinforcing our efficiency and future-readiness.”

The Board of Directors of Avadh Sugar & Energy Limited (ASEL) (BSE: 540649 / NSE: AVADHSUGAR) at its meeting held on August 04 2025 took on record the Unaudited Financial Results for the Quarter Ended 30 June 2025.

Financial Highlights:

Q1FY26

  • Total Income in Q1FY26 at Rs. 717 Cr as against Rs. 708 Cr in Q1FY25.
  • EBITDA in Q1FY26 at Rs. 29 Cr as against Rs. 57 Cr in Q1FY25.
  • PAT in Q1FY26 at Rs. – 8 Cr as against Rs. 9 Cr in Q1FY25.

Commenting on the results, Mr. C.S. Nopany, Co-Chairperson, Avadh Sugar & Energy Ltd said: “The strategic reforms introduced by the Uttar Pradesh government have completely reshaped the landscape of sugarcane farming and processing in the state. From ensuring timely payments to promoting ethanol production and upgrading mill infrastructure, every initiative has added real value to the industry. The five-year roadmap by the current government reflects not just policy intent but also practical execution. We believe the sugarcane sector in UP is well on its way to becoming a national benchmark for innovation and inclusive growth.

At Avadh, we remain committed to sustainable and inclusive growth, even as we navigate near-term challenges in the sugar sector. While recent government initiatives have laid a strong foundation, we urge policymakers to take further steps—particularly revising the minimum sale price of sugar and introducing a dynamic, market-aligned ethanol pricing mechanism.”

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