Bajaj Hindusthan Sugar Limited clarified that it inadvertently failed to submit a required declaration regarding an unmodified audit opinion alongside its audited financial results for the financial year ended March 31, 2026. The company confirmed that its statutory auditors, Siddharth N. Jain & Co., issued an unmodified opinion on the financial statements for the period. The omission was procedural in nature and there was no intention to withhold material information from the National Stock Exchange of India Limited or stakeholders.

The company addressed the non-submission in response to a communication received on June 25, 2026, from NSE NEAPS. The specific requirement pertains to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bajaj Hindusthan Sugar stated that the failure to include the declaration was purely inadvertent.

A certification from the Chief Financial Officer, Sunil Kumar Ojha, confirmed the audit opinion status. The certification, dated May 29, 2026, verified that the company is eligible to furnish the declaration in terms of the specified regulation. The document was submitted to the Board of Directors of Bajaj Hindusthan Sugar.

The company requested the exchange to place the clarification on record. Bajaj Hindusthan Sugar reiterated its commitment to ensuring full compliance with all applicable regulatory requirements. The confirmation certificate from the CFO was attached to the correspondence sent to the exchange.

Bajaj Hindusthan Sugar Limited reported a consolidated net profit of ₹126.14 crore for the financial year ended March 31, 2026, recovering from a net loss of ₹780.30 crore in the previous year. The company filed its audited standalone and consolidated financial results with the stock exchanges pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The extracts of these results were published in newspapers on May 30, 2026.

Financial Performance Overview

For the quarter ended March 31, 2026 (Q4FY26), the company reported a consolidated net profit of ₹390.68 crore, a significant increase from ₹33.82 crore in the corresponding period of the previous year. Total income for the quarter grew to ₹1,679.71 crore from ₹1,562.26 crore year-on-year. The net profit before tax and exceptional items for the quarter stood at ₹312.82 crore, compared to ₹33.58 crore in Q4FY25. On the operational front, Q4FY26 EBITDA stood at ₹3.7b Rupees versus ₹2.86b Rupees in the same period last year, with the EBITDA margin expanding to 22.30% from 18.40% year-on-year.

Key Financial Metrics

The following table summarizes the audited consolidated financial results for Q4FY26 and the full year:

Operational Highlights

The audited consolidated results include the performance of four subsidiaries—Bajaj Power Generation Pvt. Ltd., Bajaj Aviation Pvt. Ltd., Phenil Sugars Ltd., and Bajaj Hindusthan (Singapore) Pvt. Ltd.—and two step-down subsidiaries, PT Batu Bumi Persada and PT Jangkar Prima. The equity share capital increased to ₹237.39 crore as of March 31, 2026, from ₹127.74 crore in the previous year, primarily due to the issuance of instruments entirely equity in nature amounting to ₹2,810.88 crore. The company noted that due to the seasonal nature of the industry, quarterly results may not always be a true reflection of annual performance.