Bajaj Hindusthan Sugar's Q1 FY 2025-26 Quarterly Results

Result Summary

• Bajaj Hindusthan Sugar Ltd reported a 33.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 10.0%.
• Its expenses for the quarter were down by 25.5% QoQ and 7.4% YoY.
• The net profit decreased 292.1% QoQ and increased 159.5% YoY.
• The earnings per share (EPS) of Bajaj Hindusthan Sugar Ltd declined at 1.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Bajaj Hindusthan Sugar Ltd is a prominent entity in the sugar manufacturing industry in India. As one of the largest producers of sugar in the country, the company primarily engages in the processing of sugarcane to produce sugar and other by-products. These by-products include molasses, bagasse, and alcohol-based products, which contribute to the company’s diversified revenue streams. The company operates several sugar mills, which are strategically located in the northern part of India, a region known for its extensive sugarcane cultivation. Bajaj Hindusthan Sugar Ltd has been at the forefront of adopting modern agricultural practices and technologies to enhance its production efficiency and product quality. In recent developments, the company may have been focusing on expanding its ethanol production capacity in line with government policies promoting ethanol blending in fuel, although specific recent developments were not detailed in the provided data.

Revenue

During the first quarter of the fiscal year 2026 (Q1FY26), Bajaj Hindusthan Sugar Ltd reported a total income of ₹1251.83 crores. This represents a significant decline of 33.2% quarter-over-quarter (QoQ) from the fourth quarter of fiscal year 2025 (Q4FY25), where the total income stood at ₹1874.77 crores. Year-over-year (YoY) comparison shows a decrease of 10.0% from the same quarter in the previous year (Q1FY25), which recorded a total income of ₹1390.38 crores. This decline in revenue could reflect various factors affecting the sugar industry, such as changes in sugar prices, production levels, or demand fluctuations. However, without additional context or data, the specific reasons for this revenue trend remain unclear.

Profitability

In the first quarter of fiscal year 2026 (Q1FY26), Bajaj Hindusthan Sugar Ltd recorded a loss before tax of ₹82.56 crores, significantly reversing from a profit before tax of ₹82.46 crores in Q4FY25. This represents a QoQ decline of 200.1%. Year-over-year (YoY), the loss before tax widened from ₹50.72 crores in Q1FY25, marking a 62.8% increase in loss. The company also reported a loss after tax of ₹174.00 crores in Q1FY26, compared to a profit of ₹90.56 crores in Q4FY25, indicating a drastic decline of 292.1% QoQ. Compared to Q1FY25, where the loss after tax was ₹67.05 crores, the YoY increase in loss stands at 159.5%. The earnings per share (EPS) followed a similar trend, showing a loss of ₹1.40 in Q1FY26, compared to a positive ₹0.70 in Q4FY25 and a loss of ₹0.50 in Q1FY25, reflecting a QoQ decline of 300.0% and a YoY decline of 180.0%.

Operating Metrics

The total expenses for Bajaj Hindusthan Sugar Ltd in Q1FY26 amounted to ₹1334.39 crores, which is a decrease of 25.5% from ₹1792.31 crores in Q4FY25. Year-over-year, this figure showed a decline of 7.4% from ₹1441.10 crores in Q1FY25. The tax expenses for Q1FY26 registered at ₹91.30 crores, significantly differing from a tax credit of ₹8.10 crores in Q4FY25, marking an immense QoQ increase of 1227.2%. Compared to Q1FY25, where tax expenses were ₹5.45 crores, the YoY increase is recorded at 1575.2%. These figures suggest substantial fluctuations in tax expenses, which could be attributed to various factors, including changes in tax regulations, deferred tax adjustments, or other financial considerations impacting the company’s tax liabilities.