Bannari Amman Sugars Ltd , a leading sugar manufacturer in India with multiple sugar factories, cogeneration plants, distillery units, granite processing, and windmills across Tamilnadu and Karnataka, reported robust financial results for Q2FY26.
Financial Highlights:
- Revenues rose 20.68% year-on-year to ₹572 crore from ₹474 crore.
- Total expenses increased 21.56% to ₹513 crore from ₹422 crore.
- Consolidated net profit increased 26.47% to ₹43 crore from ₹34 crore.
- Earnings per share improved 24.59% to ₹34.05 from ₹27.33.
The profit growth was supported by increased sales, better operational efficiency, and favorable market conditions in the sugar and power segments.
Outlook:
Bannari Amman Sugars Ltd is focused on capacity expansion, enhancing cogeneration and distillery operations, and exploring renewable energy opportunities to sustain growth and improve margins.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.