K.M. Sugar Mills Ltd. reported a significant improvement in its financial performance for the quarter and year ended March 31, 2026, as approved by its Board of Directors at a meeting held on May 18, 2026. The company published the audited standalone and consolidated financial results in the Financial Express and Jansatta on May 20, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors issued an unmodified opinion on both the standalone and consolidated annual audited financial results.

Standalone Financial Performance

The company's standalone revenue from operations for the year ended March 31, 2026 stood at Rs. 65,838 lakhs, compared to Rs. 65,901 lakhs in the previous year. Total income, including other income of Rs. 1,951 lakhs (which includes an insurance claim of Rs. 684 lakhs), rose to Rs. 67,789 lakhs from Rs. 66,638 lakhs. Net profit for the year grew substantially to Rs. 5,342 lakhs from Rs. 3,555 lakhs in the prior year. Total comprehensive income for the year stood at Rs. 5,331 lakhs against Rs. 3,541 lakhs previously. The following table presents the key standalone financial highlights:

For the quarter ended March 31, 2026, standalone revenue from operations was Rs. 10,599 lakhs, with net profit of Rs. 924 lakhs, compared to Rs. 15,326 lakhs and Rs. 1,106 lakhs respectively in the corresponding quarter of the prior year.

Segment-Wise Performance

The company operates across two segments — Sugar and Distillery. For the year ended March 31, 2026, the Sugar segment contributed revenue of Rs. 59,792 lakhs (vs. Rs. 59,490 lakhs) and segment profit before tax and finance costs of Rs. 8,047 lakhs (vs. Rs. 6,486 lakhs). The Distillery segment reported revenue of Rs. 9,377 lakhs (vs. Rs. 9,121 lakhs) and segment profit of Rs. 379 lakhs (vs. Rs. 223 lakhs). The segment-wise performance is summarised below:

Balance Sheet and Cash Flow Highlights

As at March 31, 2026, total standalone assets stood at Rs. 74,974 lakhs compared to Rs. 72,988 lakhs in the prior year. Total equity increased to Rs. 39,188 lakhs from Rs. 33,859 lakhs, reflecting the improved profitability. Inventories were at Rs. 38,087 lakhs, while current borrowings stood at Rs. 24,621 lakhs, down from Rs. 26,277 lakhs. Net cash generated from operating activities for the year was Rs. 8,862 lakhs, a significant improvement from Rs. 3,133 lakhs in the prior year. Net cash used in investing activities was Rs. 4,710 lakhs, primarily on account of additions to property, plant and equipment of Rs. 5,186 lakhs.

Consolidated Financial Results

The consolidated financial results of K.M. Sugar Mills, which include the subsidiary K M Spirit & Allied Industries Limited, mirror the standalone figures closely. Consolidated revenue from operations for the year ended March 31, 2026 was Rs. 65,838 lakhs, total income was Rs. 67,789 lakhs, and net profit was Rs. 5,342 lakhs. Total consolidated assets stood at Rs. 74,974 lakhs. The subsidiary reported total assets of Rs. 5.39 lakhs, total revenues of Rs. 0.32 lakhs, and a net profit of Rs. 0.01 lakhs for the year ended March 31, 2026.

Corporate Actions and Appointments

At the same Board meeting, several key corporate decisions were approved. The Board reconstituted the Corporate Social Responsibility (CSR) Committee, with Mrs. Naina Jhunjhunwala as Additional Director, Shri Sushil Solomon as Non-Executive Independent Director, and Shri Sanjay Jhunjhunwala as Non-Executive Independent Director. The Board also approved an increase in the salary of Mr. Vatsal Jhunjhunwala, Vice President and related party (son of Managing Director Mr. Aditya Jhunjhunwala), empowering the Board to grant remuneration up to Rs. 10 lakhs per month, subject to shareholder approval.

Additionally, M/s Aman Malviya & Associates, Cost Accountants, Lucknow, were appointed as Cost Auditors for FY 2026-27 for a term of one year. On the recommendation of the Nomination & Remuneration Committee, Smt. Naina Jhunjhunwala (DIN: 01837824) was appointed as Additional Director effective May 18, 2026, subject to approval at the ensuing Annual General Meeting. The key appointment details are as follows:

The Board meeting commenced at 03:30 P.M. (IST) and concluded at 07:00 P.M. (IST). All disclosures have been uploaded on the company's website at https://www.kmsugar.com . The company is headquartered at Motinagar, Dist. Ayodhya, Uttar Pradesh.

K.M. Sugar Mills has notified stock exchanges of an upcoming Board of Directors meeting scheduled for Monday, May 18, 2026, at Hotel Taj Mahal, Gomti Nagar, Lucknow. The meeting has been convened pursuant to Regulation 29, 33, and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was issued on May 4, 2026, and signed by Ritika Tandon, Company Secretary-cum-Compliance Officer.

Board Meeting Details

The key details of the scheduled board meeting are outlined below:

The board will consider and approve the audited standalone and consolidated financial results of the company for the quarter and the year ended March 31, 2026, along with any other matters that may arise during the meeting.

Trading Window Closure

In compliance with clause 4 of Schedule B of the Code of Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015, K.M. Sugar Mills has closed its trading window for designated individuals. The closure applies to Directors, Promoters, Officers, and designated employees of the company, restricting them from dealing in the securities of the company during this period.

Regulatory Disclosures

The notice and the audited financial results, upon approval by the Board, will be made available on the company's official website at www.kmsugar.com , as well as on the websites of the stock exchanges at www.bse.india.com and www.nseindia.com . The company is headquartered at P.O. Motinagar - 224201, District Ayodhya, Uttar Pradesh.