Bajaj Hindusthan Sugar Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, demonstrating a return to quarterly profitability after facing losses in previous quarters. The Board of Directors approved these unaudited standalone and consolidated financial results on February 12, 2026, following review by the Audit Committee.

Financial Performance Overview

The company's Q3FY26 performance showed mixed results across different timeframes:

Segment-wise Performance

The company operates across four main business segments with varying performance levels:

Revenue Distribution (Q3FY26)

The Power segment emerged as the strongest performer with positive results of ₹27.43 crore, while the Sugar segment, despite being the largest revenue contributor, reported losses of ₹6.35 crore for the quarter.

Key Financial Highlights

Earnings Per Share Performance:

• Q3FY26 Basic EPS: ₹0.12 per share
• Q2FY26 Basic EPS: (₹0.79) per share
• 9M FY26 Basic EPS: (₹2.01) per share

Operational Metrics:

• Total comprehensive income for Q3FY26: ₹25.61 crore (standalone)
• Finance costs reduced significantly to ₹5.34 crore in Q3FY26 from ₹22.31 crore in Q3FY25
• Paid-up equity share capital: ₹127.74 crore (face value Re.1/- per share)

Debt Resolution and Going Concern

The company continues to work on resolving its debt restructuring under the Scheme for Sustainable Structuring of Stressed Assets (S4A). Key aspects include:

• Optionally Convertible Debentures (OCDs) aggregating ₹3,483.25 crore issued to Joint Lenders' Forum
• Unrecognized YTM liability of ₹4,131.57 crore as of December 31, 2025
• Resolution plan under discussion with lenders
• Company entitled to receive ₹1,944 crore under Sugar Industry Promotion Policy, 2004 (matter sub-judice)

Auditor Observations

The statutory auditors issued qualified opinions highlighting:

• Non-recognition of YTM and coupon interest liabilities pending debt resolution finalization
• Material uncertainty regarding going concern due to past losses and outstanding cane dues
• Company's aggregate exposure of ₹2,568.69 crore in subsidiaries requiring recovery measures

Operational Capacity

Bajaj Hindusthan Sugar maintains significant operational infrastructure:

• Sugar crushing capacity: 1,36,000 TCD
• Distillery capacity: 800 KLD
• Co-generation capacity: 449 MW

The company's management expressed confidence in meeting financial and operational obligations, citing improved liquidity position, debt reduction measures, and favorable market dynamics in the sugar industry. The financial results have been prepared on a going concern basis, reflecting management's optimism about the company's long-term viability despite current challenges.

Bajaj Hindusthan Sugar Limited has formally announced its board meeting schedule for the approval of third quarter financial results for the financial year 2025-26. The company issued an official notice on February 03, 2026, informing stock exchanges about the upcoming corporate governance proceedings.

Board Meeting Details

The board of directors meeting has been scheduled for Thursday, February 12, 2026, and will be conducted through audio-visual means. The primary agenda focuses on taking on record and approving the unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025.

Regulatory Compliance

The notice has been issued pursuant to Regulation 29 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This demonstrates the company's adherence to mandatory disclosure requirements for listed entities on Indian stock exchanges.

Audit Committee Proceedings

Prior to the board meeting, an Audit Committee meeting will also be held on the same date. The committee will discuss and review the quarterly financial results before they are presented to the board for formal approval. This sequential approach ensures proper governance and oversight of financial reporting processes.

Trading Window Restrictions

The company has implemented trading window restrictions in accordance with its "Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders." The trading window for designated persons has been closed since January 01, 2026, and will continue to remain closed until 48 hours after the announcement of the unaudited financial results.

The notice has been made available on the company's official website at www.bajahindusthan.com and has been communicated to both BSE Limited and National Stock Exchange of India Limited for appropriate dissemination to all stakeholders.