FilingReader Intelligence

Magadh Sugar profit plunges 98% in Q1FY26

August 5, 2025 at 01:21 PM UTCBy FilingReader AI

Magadh Sugar & Energy Limited reported total income of Rs 333.88 crores for Q1FY26, down from Rs 359.69 crores in Q1FY25. EBITDA fell to Rs 19.92 crores from Rs 35.57 crores.

Profit after tax plummeted to Rs 0.22 crore compared to Rs 11.43 crores in the prior year period.

Chairperson C.S. Nopany cited climatic uncertainties, pest challenges, and shifting ethanol priorities as factors impacting the sugar industry during the quarter.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:MAGADSUGARBombay Stock Exchange

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