Board approves Q2 and H1 unaudited results; auditor review finds no material misstatement
Board approved the unaudited financial results for the quarter and half year ended September 30, 2026, and the limited review report of statutory auditor S.R. Batliboi & Co. LLP was placed before it.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 65,156.67 | 66,814.96 | −2.5% | 77,925.06 | −16.4% |
| Total income | 65,493.66 | 67,017.16 | −2.3% | 78,104.68 | −16.1% |
| Profit before tax | 1,267.26 | (1,082.50) | — | 36.63 | — |
| Profit after tax | 1,004.43 | (659.03) | — | 23.43 | — |
| Total comprehensive income | 1,890.49 | (2,331.43) | — | (244.41) | — |
| Basic EPS | 5.01 | (3.30) | — | 0.12 | — |
- Period
- Three months ended 30.09.2026
Auditor's review
Conclusion: Unmodified
Notes to the results
- Sugar is a seasonal industry where crushing normally takes place between November and May, while sales are distributed throughout the year; performance varies from quarter to quarter.
What the board decided
- Approved the unaudited financial results of the company for the quarter and half year ended September 30, 2026.
- The results were reviewed by the Audit Committee and approved by the Board at their respective meetings held on November 5, 2026; the board meeting ran from 12 Noon to about 1.50 p.m.
- The results and the limited review report are also being made available on the company's website.
Auditor's review conclusion
The statutory auditor, S.R. Batliboi & Co. LLP, carried out a limited review under the Standard on Review Engagements 2410, which gives moderate assurance and is not an audit; the auditor states it does not express an audit opinion. Its conclusion is unmodified: nothing has come to its attention that causes it to believe the statement has not disclosed the required information, or that it contains any material misstatement.
Quarter at a glance (₹ in lakhs)
- Revenue from operations: 65,156.67, compared with 66,814.96 in the same quarter a year earlier.
- Total income: 65,493.66, against 67,017.16.
- Profit after tax: 1,004.43, against a loss of (659.03) in the year-earlier quarter.
- Earnings per share (basic and diluted): 5.01, against (3.30).
- Finance costs: 1,316.09, against 1,580.62.
Half year (six months ended September 30, 2026)
- Revenue from operations: 1,43,081.73, against 1,38,475.77 in the same six months a year earlier.
- Profit after tax: 1,027.86, against a loss of (1,500.41).
- Total comprehensive income: 1,646.08, against (2,116.58).
Segment picture for the quarter
- Sugar: revenue 59,435.21; segment result 3,589.53.
- Distillery: revenue 7,272.66; segment result (24.42), a small loss.
- Co-generation: revenue 438.77; segment result (873.07), a loss.
- Total segment revenue 67,251.95 before inter-segment elimination.
Balance sheet highlights (as at 30.09.2026)
- Paid-up equity share capital: 2,001.84 (face value ₹ 10 per share).
- Non-current borrowings: 26,020.72; current borrowings: 15,094.99.
- Total equity: 1,12,090.29; total assets: 1,71,840.50.
Company's own note on the business
Sugar is a seasonal industry where crushing normally takes place between November and May, while sales are spread through the year, so performance varies from quarter to quarter. The September quarter sits ahead of the main crushing season.
How to read this
- The headline movement is the swing to a profit after tax of 1,004.43 lakh in the quarter from a loss in the year-earlier quarter, even as Revenue from operations was lower than a year earlier.
- The auditor's review provides moderate assurance that the numbers are free of material misstatement; it is not a full audit.
- Segment results show sugar carrying the quarter, with distillery close to break-even and co-generation in a loss.
Also from Avadh Sugar & Energy
Avadh Sugar & Energy Q2 FY27: total income Rs 655 Cr as PAT turns to Rs 10 Cr
5 Nov 2026
Avadh Sugar & Energy Ltd press release, Q2 FY27
5 Nov 2026
Board meeting on 5 November 2026 to approve September quarter results
30 Oct 2026
More numbers
- Revenue from operations, six months ended 30.09.20261,43,081.73 lakh
- Profit after tax, six months ended 30.09.20261,027.86 lakh
- Sugar segment revenue, quarter ended 30.09.202659,435.21 lakh
- Total income, latest quarter65,493.66 (₹ in lakhs)
- Total income, year-ago quarter67,017.16 (₹ in lakhs)
- Total income, previous quarter78,104.68 (₹ in lakhs)
- Total comprehensive income, latest quarter1,890.49 (₹ in lakhs)
- Total comprehensive income, year-ago quarter(2,331.43) (₹ in lakhs)
- Total comprehensive income, previous quarter(244.41) (₹ in lakhs)
- Profit after tax, latest quarter1,004.43 (₹ in lakhs)
- Profit after tax, year-ago quarter(659.03) (₹ in lakhs)
- Profit after tax, previous quarter23.43 (₹ in lakhs)
- Revenue from operations, latest quarter65,156.67 (₹ in lakhs)
- Revenue from operations, year-ago quarter66,814.96 (₹ in lakhs)
- Revenue from operations, previous quarter77,925.06 (₹ in lakhs)
- Profit before tax, latest quarter1,267.26 (₹ in lakhs)
- Profit before tax, year-ago quarter(1,082.50) (₹ in lakhs)
- Profit before tax, previous quarter36.63 (₹ in lakhs)
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