Bannari Amman Sugars Limited , a prominent player in the Indian sugar industry, has reported a significant improvement in its financial performance for the quarter ended September 30, 2025. The company's unaudited financial results, approved by the Board of Directors on November 7, 2025, reveal substantial growth in both revenue and profitability.

Financial Highlights

Bannari Amman Sugars Limited witnessed a remarkable 180% increase in net profit, rising from ₹15.25 crores in the previous quarter to ₹42.70 crores in Q2 FY2026. This significant growth was accompanied by a 36.6% quarter-on-quarter increase in revenue from operations, which reached ₹571.65 crores compared to ₹418.62 crores in Q1 FY2026.

Segment-wise Performance

The company operates across four key segments:

1. Sugar: Contributed ₹596.18 crores to revenue
2. Power: Generated ₹150.13 crores in revenue
3. Distillery: Accounted for ₹69.45 crores in revenue
4. Granite Products: Added ₹4.93 crores to the total revenue

Half-Year Performance

For the half-year period ended September 30, 2025, Bannari Amman Sugars reported a net profit of ₹57.95 crores, marking a 42.4% increase from ₹40.70 crores in the same period last year. This improvement in profitability demonstrates the company's resilience and operational efficiency in the face of market challenges.

Balance Sheet Highlights

As of September 30, 2025, the company's financial position remains robust:

• Total Assets: ₹2,180.33 crores
• Total Equity: ₹1,821.66 crores
• Current Assets: ₹975.89 crores, including inventories of ₹771.53 crores

Conclusion

Bannari Amman Sugars Limited's strong performance in Q2 FY2026 reflects its ability to capitalize on market opportunities and maintain operational efficiency. The significant growth in net profit and revenue, coupled with a diverse revenue stream from multiple segments, positions the company well in the Indian sugar and related industries.

Investors and market observers may keep a close watch on the company's performance in the coming quarters, particularly given the seasonal nature of the sugar industry and its sensitivity to regulatory and climatic factors.

Bannari Amman Sugars Limited (BASL) has announced a significant addition to its board of directors. The company has appointed Smt. Sowmya Sitaram as a Non-Executive Woman Independent Director for a five-year term, starting from September 11, 2025, to September 10, 2030.

Appointment Details

The appointment of Smt. Sowmya Sitaram (DIN: 11254035) was initially proposed on August 29, 2025, and has now been approved by the shareholders through a postal ballot process. The results, declared on October 24, 2025, confirmed that the special resolution for her appointment passed with the requisite majority.

Profile of Smt. Sowmya Sitaram

Smt. Sowmya Sitaram brings a wealth of legal experience to the BASL board:

• Qualifications: B.A., B.L.
• Experience: Over 37 years in legal practice
• Specialization: Civil disputes, including money suits, mortgage suits, and specific performance suits
• Roles: Legal advisor for various banks, Asset Reconstruction Companies, and other organizations
• Notable Work: Handles legal matters for Sri Kanchi Kamakoti Medical Trust

Voting Results

The appointment was subject to shareholder approval, which was conducted through a remote e-voting process. Here are the key voting statistics:

The overwhelming support from all categories of shareholders underscores the confidence in Smt. Sitaram's appointment.

Implications for Corporate Governance

This appointment aligns with BASL's commitment to diversity and strong corporate governance practices. As an independent director, Smt. Sitaram is expected to bring her extensive legal expertise to bear on the company's decision-making processes, potentially strengthening BASL's legal compliance and risk management frameworks.

The company has confirmed that Smt. Sitaram is not related to any existing Director or Key Managerial Personnel of Bannari Amman Sugars Limited, ensuring her independence in the role.

With this strategic addition to its board, Bannari Amman Sugars Limited reinforces its dedication to maintaining a balanced and skilled leadership team, poised to guide the company through the complexities of the sugar industry and broader corporate landscape.