The Ugar Sugar Works Reports Widened Loss in Q1 FY2026
Ugar Sugar Works Ltd reported a net loss of Rs 1,373.29 lakhs for Q1 FY2026, up 16.1% from the previous year. Total income grew 5.5% to Rs 36,388.11 lakhs. The Industrial Alcohol segment was the best performer with a profit of Rs 1,749.81 lakhs, while Sugar and Co-generation segments incurred losses. The company's EPS decreased to -1.22 from -1.05 year-over-year. Management noted that the main business is seasonal and current figures may not indicate annual results. The 85th Annual General Meeting was held on August 5, 2025.

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Ugar Sugar Works Ltd , a multi-segment player in the sugar industry, has reported a widened net loss for the first quarter of the fiscal year 2026. The company's financial performance reflects the challenges faced by the sugar sector during this period.
Financial Performance
The company reported a net loss of Rs 1,373.29 lakhs for the quarter ended June 30, 2025, compared to a loss of Rs 1,182.81 lakhs in the corresponding quarter of the previous year. This represents an increase in loss by approximately 16.1%.
Total income from operations stood at Rs 36,388.11 lakhs, showing a modest growth of about 5.5% from Rs 34,494.69 lakhs in the same quarter last year.
Segment-wise Performance
Ugar Sugar Works operates in multiple segments:
- Sugar: This segment reported revenue of Rs 13,316.18 lakhs but incurred a loss of Rs 274.49 lakhs before interest and tax.
- Co-generation: Revenue stood at Rs 2,428.29 lakhs, with a loss of Rs 409.85 lakhs.
- Industrial Alcohol: This was the best-performing segment with revenue of Rs 21,974.94 lakhs and a profit of Rs 1,749.81 lakhs before interest and tax.
- Potable Alcohol: Revenue was Rs 933.34 lakhs, with a small loss of Rs 40.60 lakhs.
Key Financial Metrics
Metric | Q1 FY2026 | Q1 FY2025 |
---|---|---|
Earnings per share (EPS) | -1.22 | -1.05 |
Total expenses | 37,908.56 | 35,827.58 |
Finance costs | 1,387.14 | 1,340.24 |
Management Commentary
The Board of Directors approved these unaudited financial results at their meeting held on August 5, 2025. The company noted that its main business is seasonal, and the figures for the current period are not indicative of the annual results.
Annual General Meeting
The company also held its 85th Annual General Meeting on August 5, 2025, through video conferencing. Key agenda items included the adoption of financial statements, re-appointment of directors, and approval of remuneration for cost auditors.
Ugar Sugar Works continues to navigate challenges in the sugar industry, with its diversified segments showing mixed performance. While the Industrial Alcohol segment remains a bright spot, the company faces headwinds in its sugar and co-generation businesses.
Note: All figures are in Indian Rupees (INR) and lakhs, unless otherwise stated.
Historical Stock Returns for Ugar Sugar Works
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.42% | -4.46% | +2.98% | -9.77% | -51.13% | +207.03% |