Vishwaraj Sugar Industries has closed its trading window for Directors, Designated Employees, and Connected Persons effective from the end of the June 2026 quarter. This measure is implemented in accordance with the Company's Code of Conduct under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The restriction is designed to prevent insider trading while the company prepares to release its financial performance data for the period.

The trading window will remain shut until the expiry of 48 hours after the declaration or publication of the financial results for the quarter ending June 30, 2026. This blackout period ensures that no designated person can trade in the company's securities while unpublished price-sensitive information is in possession of the company. The specific date for the Board Meeting, where the financial results will be considered and declared, has not yet been announced and will be intimated in due course.

Regulatory Compliance

The closure of the trading window is a standard compliance procedure mandated by the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. It applies to all individuals identified as insiders under the company's internal code of conduct. The notification was formally addressed to the stock exchanges, including BSE Limited and National Stock Exchange of India Limited, to ensure transparency and adherence to regulatory norms.

Key Timelines

Vishwaraj Sugar Industries Limited reported a net loss of ₹2,817.14 lakh for the financial year ended March 31, 2026, narrowing from the previous year's loss of ₹3,702.33 lakh. Revenue from operations fell to ₹37,681.01 lakh in FY26 from ₹45,391.89 lakh in FY25, impacted by increased sugarcane prices and raw material costs. The Karnataka state government increased the sugarcane price by ₹50 above the Central Government's FRP, contributing to the financial pressure.

For the quarter ended March 31, 2026, the company reported a net profit of ₹1,092.86 lakh, compared to a net profit of ₹205.82 lakh in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹11,102.80 lakh, down from ₹16,668.41 lakh in Q4FY25. The Board of Directors approved the audited financial results at its meeting held on May 29, 2026.

Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted copies of newspaper advertisements containing the financial results to BSE Limited and National Stock Exchange of India Limited. The results were published in "Vijayavani" (Kannada) and "The New Indian Express" (English) on May 30, 2026. M/s. P. G. Ghali & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the results.

Financial Performance

The company's total expenses for FY26 amounted to ₹43,456.40 lakh, a decrease from ₹49,261.63 lakh in the previous year. Finance costs for the year were ₹2,973.87 lakh, while depreciation and amortization expenses stood at ₹1,828.19 lakh. The basic and diluted earnings per share (EPS) for FY26 were reported at a loss of ₹1.26, compared to a loss of ₹1.74 in FY25.

Segment Performance

Segment-wise revenue for the year showed Sugar contributing ₹24,859.02 lakh, Co-generation contributing ₹2,436.26 lakh, and Distillery contributing ₹9,409.95 lakh. The Vinegar Unit generated revenue of ₹1,260.43 lakh. The company commenced commercial operations of its new 150 KLPD Ethanol Distillery Plant in January 2026, increasing its total distillery capacity to 250 KLPD.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹82,775.47 lakh, slightly higher than ₹81,852.93 lakh in the previous year. Total equity decreased to ₹25,295.46 lakh from ₹28,047.83 lakh. Cash and cash equivalents at the end of the year were ₹254.96 lakh, down from ₹969.32 lakh at the beginning of the year. The net cash from operating activities for the year was ₹3,718.11 lakh.