Vishwaraj Sugar Industries Reports Q1 FY26 Loss, Reappoints Key Director
Vishwaraj Sugar Industries Limited reported a net loss of Rs 16.39 crore for Q1 FY26, an improvement from Rs 17.29 crore loss in the same period last year. Revenue increased to Rs 133.06 crore from Rs 101.25 crore. The sugar segment remained the largest revenue contributor at Rs 80.41 crore. The company reappointed Mrs. Sneha Nithin Dev as Whole-Time Director for three years with an annual remuneration of Rs 30 lakhs. Mrs. Vinita D Modak was appointed as Secretarial Auditor for five years. The 30th Annual General Meeting is scheduled for September 24, 2025.
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Vishwaraj Sugar Industries Limited , a prominent player in the sugar industry, has announced its financial results for the first quarter of fiscal year 2026 and made key management decisions. The company reported a net loss while seeing an increase in revenue, and has reappointed a key executive.
Financial Performance
For the quarter ended June 30, 2025, Vishwaraj Sugar Industries reported:
- Net loss of Rs 16.39 crore, compared to a loss of Rs 17.29 crore in the same period last year
- Revenue from operations increased to Rs 133.06 crore from Rs 101.25 crore year-on-year
The company's financial performance across its various segments for Q1 FY26 is as follows:
| Segment | Revenue (Rs crore) | Segment Result (Rs crore) |
|---|---|---|
| Sugar | 80.41 | 5.81 |
| Co-generation | 3.92 | -3.01 |
| Distillery | 45.56 | -14.27 |
| Vinegar Unit | 3.17 | 2.13 |
Management Changes and Corporate Decisions
The Board of Directors, in their meeting held on August 9, 2025, made several key decisions:
Reappointment of Whole-Time Director: Mrs. Sneha Nithin Dev has been re-appointed as Whole-Time Director for a further term of three years, effective from October 15, 2025. Her annual remuneration is set at Rs 30 lakhs.
Appointment of Secretarial Auditor: Mrs. Vinita D Modak, a Practicing Company Secretary, has been appointed as the Secretarial Auditor for a period of five consecutive years, from FY 2025-26 to FY 2029-30, subject to shareholder approval.
Annual General Meeting: The company has scheduled its 30th Annual General Meeting for September 24, 2025.
Book Closure: The Register of Members and Share Transfer Books will be closed from September 19, 2025, to September 24, 2025 (both days inclusive) for the purpose of the Annual General Meeting.
Company Overview
Vishwaraj Sugar Industries operates across multiple segments including sugar, co-generation, distillery, and vinegar units. The sugar segment remains the largest revenue contributor, generating Rs 80.41 crore for the quarter.
The company continues to navigate challenges in the sugar industry while diversifying its operations across various segments. The management's focus on corporate governance is evident from the timely appointments and disclosures made to the stock exchanges.
Historical Stock Returns for Vishwaraj Sugar Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.09% | -2.95% | -10.17% | -26.94% | -51.77% | -69.87% |
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