Q1 FY27 Results: Key Financial Highlights from Avadh Sugar & Energy & Magadh Sugar & Energy
The Board of Directors of Magadh Sugar & Energy Limited (MSEL) (BSE: 540650 / NSE: MAGADSUGAR) at its meeting held on August 4, 2026, took on record the unaudited Financial Results for the Quarter ended June 30, 2026.
Financial & Operational Highlights:
Financial Highlights:
Q1FY27
- Total Income in Q1 FY27 at Rs. 311.27 Cr as against Rs. 333.88 Cr in Q1 FY26.
- EBITDA in Q1 FY27 at Rs. 1.46 Cr as against Rs. 19.92 Cr in Q1 FY26.
- PAT in Q1 FY27 at Rs. (12.22) Cr as against Rs. 0.22 Cr in Q1 FY26.
Commenting on the results, Mr. C.S. Nopany, Chairperson, Magadh Sugar & Energy Ltd said:“Bihar’s sugar industry is witnessing renewed policy support, with the State focusing on the revival and modernisation of the sector through integrated Sugar, Ethanol and Co-generation projects. The Sugarcane Industry Investment Promotion Policy 2026 aims to attract fresh investments, restore closed sugar mills, strengthen processing infrastructure, and enhance the competitiveness of the State’s sugar ecosystem. While the sector outlook remains constructive, higher sugarcane procurement costs continue to exert pressure on mill margins, making improvements in sugar recovery, product realisation, and earnings from by-products increasingly critical to sustaining profitability. In line with this strategy, the modification of the Narkatiaganj Sugar Plant from the sulphitation process to a refinery is expected to improve sugar quality and enhance realisations. Further, the installation of an incineration boiler at the Narkatiaganj Distillery Plant will enable the distillery to operate for approximately 340 days annually, strengthening operational efficiency and supporting higher capacity utilisation.”
The Board of Directors of Avadh Sugar & Energy Limited (ASEL) (BSE: 540649 / NSE: AVADHSUGAR) at its meeting held on August 3, 2026, took on record the Unaudited Financial Results for the Quarter ended June 30, 2026.
Financial Highlights:
Q1FY27
- Total Income in Q1 FY27 at Rs. 781.05 Cr as against Rs. 716.91 Cr in Q1 FY26.
- EBITDA in Q1 FY27 at Rs. 38.25 Cr as against Rs. 28.53 Cr in Q1 FY26.
- PAT in Q1 FY27 at Rs. 0.24 Cr as against Rs. (-) 8.41 Cr in Q1 FY26.
Commenting on the results, Mr. C.S. Nopany, Co-Chairperson and Managing Director, Avadh Sugar & Energy Ltd said: “Our first-quarter performance demonstrates the resilience of our integrated business model. While the sugar cycle follows its natural seasonal rhythm, our distillery and ethanol operations delivered strong, steady growth, validating the investments we have made in capacity. Uttar Pradesh’s sugar and ethanol sector continues to operate in a dynamic environment. Sugar production remained under pressure due to lower cane availability, weather-led recovery variations, and early mill closures. Backed by integrated sugar-ethanol operations and continued policy support, Uttar Pradesh remains well positioned for long-term growth across the sugar and biofuel value chains.At Avadh, our commitment to sustainable and inclusive growth remains steadfast through operational efficiency and our unwavering focus on sugarcane development. The Company will continue to focus on optimising its existing assets supported by prudent capital allocation and strong governance to drive durable long-term value creation for all its stakeholders.”
