Piccadily Sugar & Allied Industries Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing a mixed performance with operational improvements in the nine-month period despite quarterly revenue challenges.

Financial Performance Overview

The company's Q3FY26 results present a contrasting picture when compared to the previous year's corresponding quarter and the nine-month performance.

Nine-Month Performance Shows Strong Recovery

The nine-month period ended December 31, 2025, demonstrates significant improvement in the company's financial position compared to the same period in the previous year.

Operational Metrics and Cost Structure

The company's operational expenses for Q3FY26 totaled ₹165.68 crore compared to ₹401.11 crore in Q3FY25, showing improved cost management. Key expense components included:

• Cost of materials consumed: ₹47.28 crore
• Employee benefits expense: ₹11.43 crore
• Depreciation and amortization: ₹54.55 crore
• Other expenses: ₹49.30 crore

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee on January 19, 2026, and subsequently approved by the Board of Directors in their meeting held on January 20, 2026. The board meeting commenced at 6:15 PM and concluded at 7:00 PM.

Key Financial Highlights

The company maintained its paid-up equity share capital at ₹2,325.45 crore with a face value of ₹10 per share throughout all reported periods. The basic and diluted earnings per share for Q3FY26 stood at ₹0.08 compared to ₹0.31 in the corresponding quarter of the previous year.

Future Outlook

According to the notes accompanying the financial results, Piccadily Sugar & Allied Industries is currently in the process of implementing an ENA/Ethanol Plant, indicating the company's strategic focus on expanding its operational capabilities in the ethanol segment.

Piccadily Sugar & Allied Industries Limited has announced that its Board of Directors will convene on January 20, 2026, to review and approve the company's unaudited standalone financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The meeting notification, dated January 12, 2026, was submitted to BSE Limited in compliance with regulatory requirements. The board will specifically consider the financial performance for both the quarter and nine months ended December 31, 2025.

Regulatory Compliance

The announcement was made pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to provide prior intimation to stock exchanges regarding board meetings where financial results will be considered.

The communication was signed by Kajal Goel, Company Secretary & Compliance Officer, emphasizing the company's adherence to corporate governance standards and regulatory obligations.

Company Information

Piccadily Sugar & Allied Industries Limited operates from its registered office located at Jakhal Road, Tehsil Patran, District Patiala, Punjab. The company maintains its corporate office in Chandigarh and is incorporated under the Companies Act with CIN number L15424PB1993PLC013137.