Rajshree Sugars FY26 Net Profit Falls to ₹113.59 Lakh

Rajshree Sugars & Chemicals has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company's Board of Directors approved the results during its 218th meeting held on May 20, 2026. The statutory auditors issued an unmodified opinion on the financial statements.

Financial Performance Overview

For the full year ended March 31, 2026, the company reported a net profit of ₹113.59 lakh, a sharp decrease compared to the ₹809.10 lakh recorded in the previous year. Revenue from operations for the year stood at ₹54,467.74 lakh, down from ₹64,181.68 lakh in FY25. Total income for the period was ₹54,894.36 lakh.

In the fourth quarter of FY26, the company reported a net profit of ₹3,164.38 lakh. Revenue from operations for Q4 FY26 was ₹18,893.22 lakh, compared to ₹17,453.79 lakh in the corresponding quarter of the previous year.

Segment Results

The company operates across three segments: Sugar, Cogeneration, and Distillery. The Sugar segment generated the highest revenue at ₹43,736.02 lakh for the year, followed by Distillery at ₹12,835.46 lakh and Cogeneration at ₹7,690.61 lakh. However, the Sugar segment reported a loss before tax and interest of ₹2,709.97 lakh for the year, while the Cogeneration and Distillery segments posted profits of ₹3,894.61 lakh and ₹2,033.40 lakh respectively.

Financial Metric (₹ in lakhs)	FY26	FY25
Revenue from Operations	54,467.74	64,181.68
Total Income	54,894.36	65,356.87
Net Profit for the Period	113.59	809.10
Basic EPS (₹)	0.34	2.44

Exceptional Items and Notes

The financial results include exceptional items amounting to a loss of ₹200.86 lakh for the year. This includes the statutory impact of new Labour Codes notified by the Government of India, comprising gratuity of ₹138.15 lakh and long-term compensated absences of ₹62.71 lakh. The company noted that it does not have any subsidiary, associate, or joint venture companies as of March 31, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.67%	+1.89%	+5.19%	-6.79%	-28.23%	+23.93%

Rajshree Sugars & Chemicals Limited announced that its Board of Directors has approved the reappointment of key managerial personnel and statutory auditors during its 218th Board Meeting held on 20th May 2026. The decisions were taken to ensure continuity in leadership and compliance with regulatory requirements.

Reappointment of Wholetime Director

The Board approved the reappointment of Mr. R. Varadarajan as Wholetime Director for a period of five years. His tenure is set to commence on 5th June 2026 and conclude on 4th June 2031. This reappointment includes a provision for him to continue as Wholetime Director after attaining the age of 70 years during the said tenure, subject to shareholder approval.

Mr. Varadarajan has been associated with the company since its inception and has served as Wholetime Director for approximately 23 years. He holds a Master's Degree in Business Management and a Master's Degree in English Literature. His extensive experience spans strategic planning, project management, and technical operations. He currently serves as the President of the South Indian Sugar Mills Association (SISMA) and is an Executive Committee Member of the Indian Sugar & Bio Energy Mills Association (ISMA).

Reappointment of Senior Management

Mr. G. Sathiyamoorthi has been reappointed as President, Head of Operations, for a term of three years effective from 4th June 2026. A Chemistry graduate with a Post Graduate Diploma in Sugar Technology, Mr. Sathiyamoorthi brings over 36 years of experience in the integrated sugar industry. His expertise covers sugar, cogeneration, distillery operations, and project management. He oversees the company's research and development activities and is a member of industry bodies such as the South Indian Sugarcane & Sugar Technologists' Association (SISSTA).

Reappointment of Cost Auditors

The Board also approved the reappointment of M/s. S. Mahadevan & Co. as Cost Auditors for the financial year 2026-27. The firm, established in 1982, has extensive experience in cost audits for listed and unlisted entities, including public sector companies. The partners include Mr. Mahadevan Gopalakrishnan, a Past President of The Institute of Cost Accountants of India, and Ms. Meena Ramji, a Past Chairman of the Coimbatore Chapter of Cost Accountants.

Appointee	Role	Tenure
Mr. R. Varadarajan	Wholetime Director	5th June 2026 to 4th June 2031
Mr. G. Sathiyamoorthi	President (Head Operations)	3 years from 4th June 2026
M/s. S. Mahadevan & Co.	Cost Auditors	Financial year 2026-27