UR Sugar Industries has set September 18, 2026 as the record date for its 16th Annual General Meeting (AGM). The meeting is scheduled for September 25, 2026, following the board's approval of the annual report for FY26.

The Board of Directors approved the annual report and Director's Report for the financial year ended March 31, 2026, during a meeting held on September 2, 2026. The board also considered the statutory audit report and the secretarial audit report for the same period.

AGM Details

The 16th AGM will be held on Friday, September 25, 2026, at 11:30 am. The venue is the company's registered office at UR Building, Basaweshwar Circle Bellad Bagewadi, Bellad Bagewadi, Belgaum, Hukeri, Karnataka, India, 591305.

CS Gaurav Shenoy from G D S & Associates has been appointed as the scrutinizer for the AGM.

E-Voting Schedule

The cut-off date to determine voting rights entitlement is Friday, September 18, 2026. This date serves as both the record date and the e-voting cut-off date.

E-voting will commence on Tuesday, September 22, 2026, at 9:00 am and close on Thursday, September 24, 2026, at 5:00 pm.

The board meeting commenced at 11:00 am and concluded at 11:45 am on September 2, 2026.

Ur Sugar Industries reported a net profit of ₹13.33 lakh for the quarter ended June 30, 2026, rising 4.5% year-on-year from ₹12.75 lakh in Q1FY26. The company’s total income for the quarter stood at ₹23.24 lakh, with no contribution from revenue from operations. This performance indicates continued reliance on non-operational income streams while core business activities remain dormant or unreported in this segment.

The unaudited financial results were published in The New Indian Express and Vijaywani newspapers on August 12, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The submission was made to BSE Limited by Amita Singh, Company Secretary and Chief Compliance Officer, on behalf of the Board.

Financial Performance Overview

The company’s income structure remains heavily skewed towards other income, which contributed ₹23.24 lakh in Q1FY27, compared to ₹22.53 lakh in Q1FY26. Revenue from operations was not recorded, consistent with previous periods. Total expenses decreased slightly to ₹5.43 lakh from ₹5.66 lakh in the prior year quarter, primarily due to lower other expenses.

| Particulars | Q1FY27 (₹ Lakh) | Q1FY26 (₹ Lakh) | Change | | :--- | ---: | ---: | :--- | | Revenue From Operations | - | - | - | | Other Income | 23.24 | 22.53 | +3.1% | | Total Income | 23.24 | 22.53 | +3.1% | | Total Expenses | 5.43 | 5.66 | -4.1% | | Profit Before Tax | 17.81 | 16.86 | +5.6% | | Net Profit | 13.33 | 12.75 | +4.5% | | EPS (Basic) | ₹0.03 | ₹0.02 | +50.0% |

Employee benefit expenses remained stable at ₹2.61 lakh, while depreciation and amortization expenses reduced marginally to ₹0.04 lakh from ₹0.10 lakh. Other expenses declined significantly to ₹2.78 lakh from ₹2.95 lakh, contributing to the improvement in pre-tax profits.

What the Numbers Show

The absence of revenue from operations suggests that Ur Sugar Industries is not currently engaged in active sugar production or sales during this quarter. The profitability is entirely derived from other income, likely comprising interest income or investment returns. While net profit has increased, the lack of operational revenue raises questions about the company’s core business viability and future cash flow generation from primary activities. Investors should monitor subsequent quarters for any revival in operational revenue.

Tax expenses for the quarter amounted to ₹4.48 lakh, resulting in a net profit after tax of ₹13.33 lakh. The basic and diluted earnings per share (EPS) stood at ₹0.03, up from ₹0.02 in the same quarter last year. The paid-up equity share capital remained unchanged at ₹1,050.00 lakh, with a face value of ₹2 per share.