Rajshree Sugars & Chemicals Reports Q3 FY26 Net Loss of ₹918.87 Lakhs
Rajshree Sugars & Chemicals Limited reported a net loss of ₹918.87 lakhs in Q3 FY26, an improvement from ₹2,043.71 lakhs loss in Q3 FY25. Revenue from operations grew 20.70% to ₹9,798.81 lakhs year-on-year. However, nine-month performance showed deterioration with net loss widening to ₹3,050.79 lakhs from ₹376.95 lakhs in the previous year. The company faced exceptional expenses of ₹158.71 lakhs related to new Labour Codes implementation.

*this image is generated using AI for illustrative purposes only.
Rajshree Sugars & Chemicals Limited announced its unaudited financial results for the quarter ended 31st December 2025, showing continued losses despite some operational improvements. The company reported a net loss of ₹918.87 lakhs in Q3 FY26 compared to ₹2,043.71 lakhs in the corresponding quarter of the previous year.
Financial Performance Overview
The company's quarterly performance showed mixed results with revenue growth but persistent losses across key metrics:
| Metric | Q3 FY26 | Q3 FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹9,798.81 lakhs | ₹8,118.73 lakhs | +20.70% |
| Total Income | ₹10,042.30 lakhs | ₹8,751.58 lakhs | +14.75% |
| Total Expenses | ₹11,824.76 lakhs | ₹10,795.29 lakhs | +9.54% |
| Net Loss | ₹918.87 lakhs | ₹2,043.71 lakhs | -55.04% |
| Basic EPS | ₹(2.77) | ₹(6.17) | Improved |
Nine-Month Performance Analysis
The nine-month period ending 31st December 2025 revealed challenging operational conditions with significantly higher losses compared to the previous year:
| Parameter | Nine Months FY26 | Nine Months FY25 | Variance |
|---|---|---|---|
| Revenue from Operations | ₹35,574.52 lakhs | ₹46,727.89 lakhs | -23.87% |
| Net Loss | ₹3,050.79 lakhs | ₹376.95 lakhs | -709.33% |
| Basic EPS | ₹(9.21) | ₹(1.14) | Deteriorated |
Segment-wise Business Performance
The company operates across three main business segments with varying performance levels during Q3 FY26:
Sugar Segment
- Revenue: ₹7,524.00 lakhs (Q3 FY26) vs ₹6,158.90 lakhs (Q3 FY25)
- Segment Loss: ₹2,374.48 lakhs vs ₹2,462.76 lakhs loss in previous year
- Nine-month revenue: ₹26,879.10 lakhs vs ₹37,032.38 lakhs
Cogeneration Segment
- Revenue: ₹1,379.72 lakhs vs ₹724.12 lakhs (+90.52%)
- Segment Profit: ₹595.09 lakhs vs ₹121.17 lakhs (+391.14%)
- Nine-month revenue: ₹3,752.84 lakhs vs ₹5,064.39 lakhs
Distillery Segment
- Revenue: ₹2,825.76 lakhs vs ₹2,041.57 lakhs (+38.42%)
- Segment Profit: ₹561.91 lakhs vs ₹503.30 lakhs (+11.64%)
- Nine-month revenue: ₹9,920.85 lakhs vs ₹9,831.63 lakhs
Exceptional Items and Tax Benefits
The company reported exceptional expenses of ₹158.71 lakhs in Q3 FY26, primarily related to the statutory impact of new Labour Codes notified by the Government of India on November 21, 2025. This impact includes incremental gratuity provisions of ₹145 lakhs and long-term compensated absences of ₹14 lakhs due to changes in wage definitions.
Despite operational losses, the company benefited from a deferred tax income of ₹1,022.30 lakhs, which helped reduce the net loss for the quarter.
Corporate Governance
The financial results were reviewed by the Audit Committee and approved by the Board of Directors during their 217th Board meeting held on 11th February 2026. The meeting commenced at 2:30 PM and concluded at 4:30 PM. The company maintains a paid-up equity share capital of ₹3,313.56 lakhs with a face value of ₹10 per share.
Historical Stock Returns for Rajshree Sugars & Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.16% | -9.50% | -10.73% | -29.19% | -36.39% | +83.65% |































