Ugar Sugar Works has fixed Wednesday, July 29, 2026 as the record date for the purpose of payment of the final dividend for FY 2025-26. This date also serves as the cut-off date for entitlement of members to cast their votes through e-voting for the 86th Annual General Meeting (AGM). The AGM is scheduled to be held virtually on Wednesday, August 5, 2026.

The company has established a book closure period from Thursday, July 30, 2026 to Wednesday, August 5, 2026, inclusive. This closure is facilitated for the purpose of dividend payment, e-voting, and participation at the AGM. The announcement was made pursuant to Regulation 42 and 30 of the SEBI (LODR) Regulations, 2015.

The following table outlines the key dates announced by the company:

Shareholders holding shares on the record date will be eligible to receive the final dividend and participate in the e-voting process for the upcoming AGM. The meeting will be conducted virtually, allowing remote participation.

The Ugar Sugar Works Limited returned to profitability in the financial year ended March 31, 2026, posting a net profit of ₹1,361.20 lakh compared to a net loss of ₹1,624.95 lakh in the prior year. The company's revenue from operations for the year rose to ₹1,51,509.34 lakh from ₹1,40,741.27 lakh in FY25. The Board of Directors has recommended a 10% dividend, equivalent to ₹0.10 per share, subject to shareholder approval at the Annual General Meeting scheduled for August 5, 2026.

The standalone audited financial results for the quarter and year ended March 31, 2026, were approved by the Board during a meeting held on May 12, 2026. Kirtane & Pandit LLP, the statutory auditor, issued an audit report with an unmodified opinion on the financial results. The auditor confirmed that the results give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian accounting standards.

For the quarter ended March 31, 2026, the company reported a net profit of ₹4,576.09 lakh, a decrease from ₹5,108.41 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹39,701.88 lakh, down from ₹52,420.84 lakh in the same period last year. The total comprehensive income for the quarter was ₹4,719.64 lakh.

Segment-wise performance for the year showed varied results across business verticals. The Sugar segment reported a profit before interest and tax of ₹8,036.62 lakh, while the Industrial Alcohol segment recorded a profit of ₹2,026.67 lakh. The Co-generation segment contributed ₹2,471.49 lakh in profit before interest and tax. Total segment assets for the year stood at ₹1,30,422.55 lakh, while total segment liabilities were ₹39,322.54 lakh.

The company's earnings per share (EPS) of Re. 1 for the financial year ended March 31, 2026, was reported at ₹1.21, recovering from a negative EPS of ₹(1.44) in the previous year. For the quarter ended March 31, 2026, the EPS was ₹4.07. The statement of assets and liabilities as of March 31, 2026, showed total assets of ₹1,32,028.17 lakh, an increase from ₹1,13,062.66 lakh in the previous year.

Financial Results for FY26

Quarterly Performance