Parvati Sweetners reports net loss of ₹1304.93 crore in FY26

2 min read     Updated on 31 May 2026, 12:54 AM
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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 Day5 Days1 Month6 Months1 Year5 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?

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Parvati Sweetners & Power Limited Submits Quarterly Compliance Certificate for Q4 FY26

1 min read     Updated on 15 Apr 2026, 08:28 PM
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Parvati Sweetners & Power Limited filed its quarterly compliance certificate with BSE for Q4 FY26 under SEBI Regulation 74(5). The certificate, dated 3rd April, 2026, from registrar MUFG Intime India Private Limited confirms proper securities dematerialisation processes. Managing Director Poonam Chouksey submitted the documentation on 15th April, 2026, fulfilling regulatory requirements for depository operations.

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Parvati Sweetners & Power Limited has submitted its quarterly compliance certificate to BSE for the quarter ended 31st March, 2026, in accordance with SEBI depositories regulations. The submission demonstrates the company's adherence to regulatory requirements for securities handling and depository operations.

Regulatory Compliance Filing

The company filed its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which replaced the earlier Regulation 54 of SEBI (Depository and Participants) Regulations, 1996. Managing Director Poonam Chouksey digitally signed and submitted the documentation to BSE on 15th April, 2026.

Filing Details: Information
Quarter Ended: 31st March, 2026
Submission Date: 15th April, 2026
Certificate Date: 3rd April, 2026
Regulation: SEBI Regulation 74(5)
Scrip Code: 541347
Symbol: PARVATI

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's Registrar & Share Transfer Agent. The registrar issued the compliance certificate on 3rd April, 2026, confirming proper handling of securities dematerialisation processes during the quarter.

The certificate validates that securities received from depository participants for dematerialisation were properly confirmed to depositories within prescribed timelines. It also confirms that security certificates received for dematerialisation were mutilated and cancelled after due verification, with depositories' names substituted in the register of members as registered owners.

Corporate Information

Parvati Sweetners & Power Limited operates with its registered office located at H No-A/6, Second Floor, J K Town Banjari, Kolar Road, Bhopal, Madhya Pradesh. The company maintains its manufacturing facility at Village Sankhini, Tehsil Bhitarwar, District Gwalior, Madhya Pradesh.

Company Details: Information
CIN: L15421MP2011PLC027287
GSTIN: 23AAGCP3350D1ZW
Managing Director: Poonam Chouksey
DIN: 02110270
Website: www.parvatisweetners.co.in

The compliance filing was also copied to National Securities Depository Limited and Central Depository Services (India) Limited, ensuring comprehensive regulatory notification across all relevant depositories.

Historical Stock Returns for Parvati Sweetners & Power

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+2.68%-5.57%+2.97%-2.28%+153.13%

What operational or financial developments might Parvati Sweetners report in their upcoming Q1 FY2027 earnings given their consistent regulatory compliance?

How might the company's expansion plans be affected by potential changes in SEBI depository regulations expected in 2026-27?

Will Parvati Sweetners consider upgrading from BSE to additional stock exchange listings given their strong compliance track record?

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