Parvati Sweetners reports net loss of ₹1304.93 crore in FY26
Parvati Sweetners And Power Limited reported a net loss of ₹1304.93 crore for FY26, a sharp reversal from the ₹58.48 crore profit in FY25, as revenue from operations fell to ₹1798.68 crore. The board approved the audited financial results and authorized the acquisition of a 51% stake in Vedshree Food Industries Private Limited for ₹6 crore to diversify into the renewable energy sector, specifically Compressed Bio Gas. The statutory auditors issued an unmodified opinion on the financial statements.

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Parvati Sweetners And Power Limited reported a net loss of ₹1304.93 crore for the financial year ended March 31, 2026, a significant decline from the net profit of ₹58.48 crore recorded in the previous year. The company's revenue from operations for FY26 stood at ₹1798.68 crore, down from ₹5356.95 crore in FY25. The Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.
The board also approved the proposed acquisition of a 51% stake in Vedshree Food Industries Private Limited for an aggregate consideration of ₹6 crore. This strategic move aims to diversify the company's business into the renewable energy sector, specifically Compressed Bio Gas (CBG). The acquisition is subject to compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and other applicable laws. The target entity, incorporated in July 2024, is engaged in CBG, Bio-CNG, and other renewable energy products.
Financial Performance
The company's financial performance for the quarter and year ended March 31, 2026, reflects a challenging operational environment. Key metrics from the audited financial results are detailed below:
| Particulars | Quarter Ended 31-03-2026 (Audited) | Year Ended 31-03-2026 (Audited) | Year Ended 31-03-2025 (Audited) |
|---|---|---|---|
| Revenue from operations | 1506.21 | 1798.68 | 5356.95 |
| Total Revenue | 1517.15 | 1833.28 | 5374.37 |
| Total Expenses | 1781.36 | 3214.66 | 5370.03 |
| Profit for the period | -247.92 | -1304.93 | 58.48 |
| Earnings per share (Basic) | -0.17 | -0.87 | 0.04 |
Acquisition Details
The proposed acquisition of Vedshree Food Industries Private Limited is a related party transaction, as common directors and shareholders exist between the two entities. The consideration will be discharged in cash and/or other forms, with the deal expected to be completed within six months from the execution of the Share Purchase Agreement. The board authorized the management to take necessary steps to complete the acquisition, which aligns with the company's strategy to expand its presence in renewable energy.
Auditor's Report
The statutory auditors, Bancers & Co. LLP, issued an unmodified opinion on the standalone annual financial results. The audit report confirms that the financial statements give a true and fair view of the company's affairs as of March 31, 2026. The trading window for the company's securities will reopen 48 hours after the financial results are declared to the stock exchanges.
Historical Stock Returns for Parvati Sweetners & Power
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +2.68% | -5.57% | +2.97% | -2.28% | +153.13% |
What specific measures will Parvati Sweetners implement to reverse the steep revenue decline and return to profitability in FY27?
How will the company finance the transition into the renewable energy sector given the substantial net loss reported for FY26?
What are the projected revenue contributions from the Vedshree Food Industries acquisition over the next 12-24 months?































