Magadh Sugar & Energy Limited Board Approves Unaudited Results; Appoints Lt General Rakesh Kapoor as Independent Director
Magadh Sugar & Energy Limited announced that its Board of Directors, at a meeting held on August 4, 2026, considered and approved the unaudited financial results for the quarter ending June 30, 2026. The board also sanctioned the appointment of Lieutenant General Rakesh Kapoor (Retd.) as an Additional Independent Director.The Company released its quarterly financial performance data, alongside a Limited Review Report conducted by Chartered Accountants BSR&Co. LLP. The results provide insight into the operational status and financial standing across the company's segments: Sugar, Distillery, and Co-generation.
Key Board Decisions and New Appointment
The board meeting on August 4, 2026, reviewed and approved the unaudited Financial Results of the Company for the quarter ended June 30, 2026. The board also approved the appointment of Lieutenant General Rakesh Kapoor (Retd.) as an Additional Director in the category of Independent Director.Details regarding the appointment are summarized below:
| Particulars | Details |
|---|---|
| Reason for Change | Appointment as an Additional Director in the category of Independent Director. |
| Effective Date & Term of Appointment | For a period of 5 consecutive years, commencing from August 4, 2026, until August 3, 2031. The director shall not be liable to retire by rotation during this period. |
| Brief Profile | Lieutenant General Rakesh Kapoor (Retd.), aged 60, is a graduate of St. Stephen's College, Delhi University. He holds advanced degrees including an M.Phil in Strategy and Security Studies from the University of Madras, a Master's in Strategic Studies from the University of Pennsylvania, and a Master's in Management Studies from Osmania University. |
| Relationship Disclosure | Lieutenant General Rakesh Kapoor (Retd.) is not related to any Director of the Company. |
Financial Performance Highlights for Q1 FY27
Magadh Sugar & Energy Limited reported its unaudited financial results for the quarter ended June 30, 2026. The overall performance metrics and earnings per share are provided in the table below:| Particulars | Three months ended 30.06.2026] (Unaudited) | Previous Three months ended 31.03.2026 (Refer Note 2) | Corresponding Three months [ended 30.06.2025] in the previous year | Previous Year ended 31.03.2026 |
|---|---|---|---|---|
| Revenue from Operations | 31,053.69 | 29,067.05 | 33,304.06 | 1,24,453.71 |
| Other Income | 73.78 | 206.55 | 83.56 | 424.63 |
| Total Income | 31,127.47 | 29,273.60 | 33,387.62 | 1,24,878.34 |
| Total Expenses | 32,757.63 | 22,974.75 | 33,361.10 | 1,16,271.76 |
| Profit / (Loss) before exceptional items and tax | (1,630.16) | 6,298.85 | 26.52 | 8,606.58 |
| Profit / (Loss) before tax | (1,630.16) | 6,371.88 | 26.52 | 8,523.26 |
| Total tax expense | (408.34) | 1,516.72 | 4.28 | 2,172.50 |
| Net Profit / (Loss) after tax | (1,221.82) | 4,855.16 | 22.34 | 6,350.76 |
| Total Comprehensive Income / (Loss) | (1,222.00) | 4,893.43 | 21.32 | 6,385.63 |
| Earnings per equity share (Basic and Diluted) | (8.67) * | 34.46 * | 0.16 * | 45.07 |
Segment-wise Results and Assets Overview
The financial performance across the three operational segments—Sugar, Distillery, and Co-generation—was examined in detail. The segment-specific results are presented below:| Particulars | Three months ended 30.06.2026 (Unaudited) | Previous Three months ended 31.03.2026 (Audited) | Corresponding Three months [ended 30.06.2025] in the previous year (Unaudited) | Previous Year ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Segment Revenue | ||||
| Sugar Revenue | 27,620.10 | 28,071.48 | 30,080.77 | 1,09,105.22 |
| Distillery Revenue | 6,241.59 | 6,633.14 | 7,149.29 | 29,792.00 |
| Co-generation Revenue | 31.40 | 4,790.51 | - | 7,424.97 |
| Total Segment Revenue | 33,893.09 | 39,495.13 | 37,230.06 | 1,46,322.19 |
| Less: Inter Segment revenue | 2,839.40 | 10,428.08 | 3,926.00 | 21,868.48 |
| Total Revenue from Operations | 31,053.69 | 29,067.05 | 33,304.06 | 1,24,453.71 |
| Segment Profit / (Loss) | ||||
| Sugar Segment Result | (998.87) | 5,422.90 | 455.52 | 8,468.45 |
| Distillery Segment Result | TALST | 891.37 | 1,179.04 | 3,397.69 |
| Co-generation Segment Result | (204.49) | 1.566.00 | (240.00) | 1,800.05 |
| Total Segment Profit / (Loss) | (485.99) | 7,880.27 | 1,394.56 | 13,666.19 |
The company's financial results and the Limited Review Report have been reviewed by the Audit Committee and approved by the Board of Directors.
MAGADSUGAR Stock Price Movement
As of 1:38 PM, shares of Magadh Sugar & Energy Limited are rallying higher to ₹547, gaining 2.25% as they trade up ₹12.05. The stock is demonstrating active interest in the market today, with a volume registering at 328,382 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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