Sakthi Sugars Ltd Announces Q1 Results, Confirms Key Directorships and Management Appointments

Sakthi Sugars Ltd Announces Q1 Results, Confirms Key Directorships and Management Appointments

Sakthi Sugars Ltd Announces Q1 Results, Confirms Key Directorships and Management Appointments​

Sakthi Sugars Limited has announced its unaudited financial results for the quarter ended June 30, 2026, alongside segment-wise results. The Board of Directors held a meeting on August 13, 2026, approving these results, which were reviewed by Statutory Auditors M/s P.N. Raghavendra Rao & Co.

The company also announced significant executive appointments and reappointments during the board meeting. Sri S Chandrasekhar was appointed as an Additional Non-Executive Non-Independent Director on August 13, 2026. Furthermore, Sri M Balasubramaniam was re-appointed as Managing Director for a period of five years from August 27, 2026, to August 26, 2031, and Sri M Srinivaasan was re-appointed as Joint Managing Director for a similar term.

The company also finalized crucial operational appointments including the appointment of Smt R Jeysree, Manager - Costing, to head the Internal Audit Department (in house), effective August 13, 2026. This leadership change follows the retirement of Sri P Sankararaja Pandian, Sr Vice President (Taxation & Internal Audit) on June 30, 2026. For cost auditing purposes for the financial year 2026-27, M/s STR & Associates was approved as the Cost Auditors.

The Board also convened the 64th Annual General Meeting of the Company, scheduled for Friday, September 25, 2026, via Video Conferencing (VC) or Other Audio Visual Means (OAVM).

Financial Performance Highlights​

The unaudited financial results reflect the company's performance across different segments. The consolidated results and segment-wise details are presented below:

ParticularsQ ended 30.06.2026 (Unaudited)Q end 31.03.2026 (Audited)Q end 30.06.2025 (Unaudited)FY ended 31.03.2026 (Audited)
Total Income38,137.50 (Rs in Lakhs)38,224.85 (Rs in Lakhs)30,597.31 (Rs in Lakhs)98,537.11 (Rs in Lakhs)
Total Expenses38,378.51 (Rs in Lakhs)26,494.17 (Rs in Lakhs)30,787.23 (Rs in Lakhs)94,726.02 (Rs in Lakhs)
Profit/Loss before tax(241.01) (Rs in Lakhs)11,730.68 (Rs in Lakhs)(189.92) (Rs in Lakhs)3,811.09 (Rs in Lakhs)
Total Comprehensive Income(119.78) (Rs in Lakhs)8,669.43 (Rs in Lakhs)(57.75) (Rs in Lakhs)2,957.20 (Rs in Lakhs)
Earnings per share (Basic)(0.15) (Rs)7.28 (Rs)(0.09) (Rs)2.37 (Rs)

Segment Wise Results for Q ended 30.06.2026​

The company operates across Sugar, Industrial Alcohol, and Power segments, with the following performance data:

SegmentSegment Revenue (Rs in Lakhs)Profit/Loss before tax (Rs in Lakhs)
Sugar34,278.20(294.98)
Industrial Alcohol5,089.55137.81
Power9,285.312,204.80

Key Management and Board Appointments​

The company disclosed details regarding the appointments:

  • Sri S Chandrasekhar was appointed as Additional Non-Executive Non-Independent Director on August 13, 2026. He holds a Bachelor Degree in Business Management and Master of Business Administration from the USA, with expertise in sales and marketing.
  • Sri M Balasubramaniam was re-appointed as Managing Director effective August 27, 2026, for five years without remuneration. Sri M Balasubramaniam is a postgraduate in commerce and holds an MBA from the University of Notre Dame, USA, with expertise in finance and business management.
  • Sri M Srinivaasan was re-appointed as Joint Managing Director effective August 27, 2026, for five years without remuneration. He holds an MBA from Pennsylvania State University, USA, specializing in engineering and technology within the sugar manufacturing industry.

The unaudited financial results were prepared in accordance with Ind AS prescribed under Section 133 of the Companies Act, 2013, read with relevant rules thereunder. The Company noted that due to the seasonal nature of the sugar industry, quarterly results are not representative of annual performance.

SAKHTISUG Stock Price Movement​

Today, Sakthi Sugars Limited shares edged higher to close at ₹17.29, surging by 2.13%. The stock traded in the post-market session with a volume of 151,738 shares.
 

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