Sakthi Sugars Senior Vice President retires on June 30, 2026

0 min read     Updated on 01 Jul 2026, 05:16 AM
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Sakthi Sugars Limited announced the retirement of P. Sankararaja Pandian from the position of Senior Vice President – Taxation & Internal Audit, effective from the close of business hours on June 30, 2026. The disclosure was made to BSE and NSE pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

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Sakthi Sugars Limited has announced the retirement of P. Sankararaja Pandian from the position of Senior Vice President – Taxation & Internal Audit. The change in senior management personnel is effective from the closure of business hours on June 30, 2026. The company disclosed this information to the stock exchanges in compliance with regulatory requirements.

The notification was submitted to BSE Limited and The National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The filing was made by S. Venkatesh, the Company Secretary, on behalf of Sakthi Sugars .

Details of the Cessation

The disclosures required under Regulation 30 read with Schedule III of the Listing Regulations were provided in an annexure to the filing. The specific reason cited for the change in personnel was retirement.

Particulars Details
Reason for change Retirement
Date of cessation From the closure of business hours on June 30, 2026
Brief profile Not Applicable
Disclosure of relationships Not Applicable

Historical Stock Returns for Sakthi Sugars

1 Day5 Days1 Month6 Months1 Year5 Years
+0.41%+1.42%-4.13%-11.45%-32.85%-14.36%

Who will succeed P. Sankararaja Pandian, and how will this transition impact the company's tax and audit strategies?

Will the retirement trigger any changes in Sakthi Sugars' internal audit processes or compliance frameworks?

How might the departure of a senior executive affect the company's operational continuity and investor confidence?

Sakthi Sugars FY26 profit falls, Q4 gains from APTEL order

1 min read     Updated on 27 May 2026, 08:51 PM
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Sakthi Sugars Limited reported a decline in annual net profit to ₹2813.45 lakh for FY26, down from ₹7997.12 lakh in the previous year, despite a strong quarterly performance in Q4. The Q4 profit of ₹8650.10 lakh was driven by the recognition of income from an APTEL judgment, though revenue for the quarter decreased year-on-year. Segment-wise, the Power division remained profitable, while the Sugar segment incurred a loss before tax and finance costs.

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Sakthi Sugars Limited reported a net profit of ₹2813.45 lakh for the financial year ended March 31, 2026, a decrease from ₹7997.12 lakh in the previous year. Revenue from operations for FY26 stood at ₹89897.02 lakh, compared to ₹92854.06 lakh in FY25. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 25, 2026.

Financial Performance for FY26

Total expenses for the year increased to ₹94726.02 lakh from ₹98448.07 lakh in the prior year. The company reported earnings per share (EPS) of ₹2.37 for FY26, down from ₹6.73 in the previous year. The statutory auditors, M/s. P.N.Raghavendra Rao & Co., issued an unmodified opinion on the standalone financial results.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 89897.02 92854.06
Total Income 98537.11 98932.86
Total Expenses 94726.02 98448.07
Net Profit for the Period 2813.45 7997.12

Quarterly Results and APTEL Impact

For the quarter ended March 31, 2026, the company reported a net profit of ₹8650.10 lakh, a sharp increase from ₹7409.55 lakh in the corresponding quarter of the previous year. Revenue from operations for Q4 FY26 was ₹30192.41 lakh, down from ₹32183.25 lakh in Q4 FY25.

The quarterly profit was significantly boosted by the recognition of income related to an Appellate Tribunal for Electricity (APTEL) judgment. The company recognized differential tariff income of ₹4410.64 lakh and carrying cost of ₹3800.47 lakh, aggregating to ₹8211.11 lakh. The auditors included an emphasis of matter noting that actual amounts recoverable remain subject to determination by the Tamil Nadu Electricity Regulatory Commission (TNERC).

Segment Performance

The company operates across Sugar, Industrial Alcohol, Power, and Soya Products segments. For the year ended March 31, 2026, the Power segment reported a profit before tax and finance cost of ₹10566.91 lakh, while the Sugar segment reported a loss of ₹3231.30 lakh before tax and finance costs. The Industrial Alcohol segment reported a profit of ₹2635.40 lakh before tax and finance costs.

Historical Stock Returns for Sakthi Sugars

1 Day5 Days1 Month6 Months1 Year5 Years
+0.41%+1.42%-4.13%-11.45%-32.85%-14.36%

What is the expected timeline for the Tamil Nadu Electricity Regulatory Commission (TNERC) to determine the actual recoverable amounts from the APTEL judgment?

Will the company implement specific cost-cutting measures or strategic shifts to reverse the Sugar segment's reported losses?

How sustainable is the Power segment's profitability without the one-time boost from the APTEL-related income?

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