Mawana Sugars Limited has scheduled a board meeting for June 5, 2026, to consider and approve the notice convening its Annual General Meeting (AGM) and to recommend a dividend, if any, on equity shares for the financial year ended March 31, 2026. The meeting follows Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, the trading window for dealing in the company's securities will remain closed until June 7, 2026. This closure extends to 48 hours after the declaration of the dividend, should the board decide to recommend one.

The board's decision on the dividend recommendation will be a key agenda item, pending approval at the upcoming AGM. The closure of the trading window is a standard procedure to prevent insider trading during the period surrounding material corporate announcements.

Mawana Sugars Limited reported a consolidated net profit of ₹37.09 crore for the financial year ended March 31, 2026, a decline from ₹109.42 crore in the previous year. Revenue from operations increased to ₹1,570.94 crore from ₹1,446.49 crore in FY25. The Board of Directors approved the audited standalone and consolidated financial results during its meeting held on May 23, 2026. The company has published these audited financial results in Business Standard on May 25, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The company's standalone net profit for the year stood at ₹36.72 crore, with revenue from operations at ₹1,567.49 crore. For the quarter ended March 31, 2026, the consolidated net profit was ₹62.83 crore, compared to ₹61.67 crore in the same period last year, while revenue from operations grew to ₹375.92 crore from ₹347.96 crore. Standalone net profit for the quarter was ₹62.98 crore, with revenue at ₹374.23 crore.

Financial Performance

The financial results reflected the impact of exceptional items and tax adjustments. For the full year, exceptional items included a net expense of ₹5.52 crore in the consolidated results. The total tax expense for the year was ₹12.70 crore. Earnings per share (EPS) for the year on a consolidated basis was ₹9.48, down from ₹27.97 in the previous year.

Segment Performance

The company operates across three segments: Sugar, Power, and Distillery. For the year ended March 31, 2026, the Sugar segment reported revenue of ₹1,638.72 crore, while the Power and Distillery segments recorded revenues of ₹252.89 crore and ₹218.57 crore respectively. Inter-segment revenue of ₹539.24 crore was deducted to arrive at the total revenue from operations.

Board Decisions

The Board approved the re-appointment of M/s Bahadur Murao & Co. as Cost Auditors and M/s TRC Corporate Consulting Private Limited as Internal Auditors for the financial year 2026-27. Additionally, the Board scheduled the 62nd Annual General Meeting for July 4, 2026, to be held via Video Conferencing. The consideration of dividend was deferred and will be taken up at a subsequent board meeting.

The Board also accepted a request to extend the timeline for obtaining transfer permission for the purchase of land in Gurugram from Usha International Limited. The time for obtaining permission from Haryana Sahri Vikash Pradhikaran (HSVP) was extended by six months starting May 2026.