Standalone figures · ₹ crore · years without a filed annual are summed from quarters
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,965 | 7,864 | 5,863 | 4,297 | 4,568 | 5,543 | 6,126 | 8,578 | 10,833 | 10,279 | 8,522 | |
| COGS | 3,943 | — | — | -3,493 | 3,812 | 4,357 | 5,012 | 6,873 | 9,074 | 8,423 | 7,051 |
| Gross profit | 2,022 | — | — | — | 756 | 1,187 | 1,114 | 1,705 | 1,759 | 1,857 | 1,471 |
| 1,978 | 7,582 | 6,046 | 7,537 | 785 | 620 | 751 | 1,165 | 1,138 | 1,319 | 1,476 | |
| 44 | 282 | -183 | 253 | -29 | 567 | 363 | 540 | 621 | 538 | -4 | |
| OPM % | 0.7% | 3.6% | -3.1% | 5.9% | -0.6% | 10.2% | 5.9% | 6.3% | 5.7% | 5.2% | -0.1% |
| Depreciation | 146 | 253 | 232 | 213 | 203 | 201 | 201 | 229 | 252 | 263 | 274 |
| Interest | 341 | 392 | 499 | 541 | 486 | 369 | 376 | 541 | 828 | 723 | 655 |
| 22 | 2,787 | 44 | 172 | 378 | 218 | 335 | 108 | 65 | 145 | 154 | |
| Profit before tax | -420 | -312 | -3,610 | -396 | -340 | 215 | 122 | -123 | -394 | -304 | -780 |
| Tax | -142 | -76 | -628 | — | 212 | 160 | 8 | 13 | 166 | -48 | -81 |
| Tax % | -33.9% | -24.4% | -17.4% | — | 62.3% | 74.1% | 6.9% | 10.6% | 42.2% | -15.7% | -10.4% |
| -278 | -236 | -2,982 | -382 | -551 | 56 | 113 | -136 | -560 | -256 | -699 | |
| PAT margin % | -4.7% | -3% | -50.9% | -8.9% | -12.1% | 1% | 1.9% | -1.6% | -5.2% | -2.5% | -8.2% |
| EPS (₹) | -3 | -2.5 | -29.6 | -2 | -2.9 | 0.3 | 0.5 | -0.6 | -2.6 | -1.2 | -3.3 |
| EPS adjusted (₹) | -3 | -2.5 | — | -2 | -2.9 | 0.3 | 0.5 | -0.6 | -2.6 | -1.2 | -3.3 |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 93 | 93 | 192 | 192 | 213 | 213 | 213 | 213 | 213 | 213 |
| Reserves | 1,445 | 3,140 | 355 | -1,074 | 3 | 334 | 200 | -359 | -603 | -1,458 |
| Minority interest | — | — | — | 0 | — | — | — | — | — | — |
| 3,093 | 3,222 | 2,517 | 2,942 | 3,689 | 3,978 | 4,306 | 4,432 | 4,470 | 5,566 | |
| 2,489 | 3,106 | 3,829 | 4,615 | 3,136 | 2,552 | 2,775 | 5,663 | 4,581 | 2,836 | |
| Total equity & liabilities | 7,119 | 9,561 | 6,893 | 6,675 | 7,040 | 7,077 | 7,494 | 9,949 | 8,660 | 7,157 |
| 2,555 | 4,391 | 3,802 | 3,695 | 3,605 | 3,822 | 4,162 | 4,143 | 4,085 | 3,576 | |
| CWIP | — | — | 100 | 142 | 9 | 239 | 115 | 59 | 12 | 24 |
| Investments | 1,947 | 1,949 | 109 | 19 | 138 | 120 | 120 | 445 | 440 | 447 |
| 2,617 | 3,221 | 2,882 | 6,514 | 3,288 | 2,895 | 3,099 | 5,302 | 4,123 | 3,110 | |
| Total assets | 7,119 | 9,561 | 6,893 | 6,675 | 7,040 | 7,077 | 7,494 | 9,949 | 8,660 | 7,157 |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| sugar-refinery | 6,102.2 | 113.7 | 2,234.9 | 2,181.3 | 53.6 | 212.13 |
| Sugar-milling | 2,244.3 | -93.4 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 489 | 193 | -1,211 | 465 | 561 | -1,532 | 206 | 857 | 1,114 | 943 | -172 | |
| -14 | 16 | 20 | -325 | -188 | -158 | -249 | -345 | -554 | -88 | -26 | |
| -478 | -181 | 1,179 | -154 | -665 | 1,677 | 32 | -453 | -601 | -839 | 181 | |
| Net cash flow | -3 | 28 | -12 | -14 | 34 | -13 | -11 | 59 | -41 | 17 | -17 |
| Free cash flow | 475 | 167 | -1,228 | 312 | 358 | -1,638 | -103 | 472 | 903 | 808 | -248 |
| CFO / Operating profit % | — | 68.3% | — | 183.8% | — | -270.1% | 56.8% | 158.8% | 179.5% | 175.5% | — |
| 1,751.5 |
| 341.9 |
| 1,409.6 |
| -6.63 |
| Distilery | 923.3 | 48.1 | 1,409.9 | 23.7 | 1,386.2 | 3.47 |
| Co-generation | 331.5 | -25.9 | 781.1 | 27.9 | 753.2 | -3.44 |
| Trading | 141 | 9.8 | 0 | 0 | — | — |
| Other | 16.5 | 7.1 | 26.6 | 1.5 | 25.1 | 28.29 |
₹ crore by fiscal year