Balrampur Chini Mills' Q2 FY 2025-26 Quarterly Results

Result Summary

• Balrampur Chini Mills Ltd reported a 8.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 23.2%.
• Its expenses for the quarter were up by 8.3% QoQ and 22.6% YoY.
• The net profit increased 4.5% QoQ and decreased 19.8% YoY.
• The earnings per share (EPS) of Balrampur Chini Mills Ltd stood at 2.65 during Q2 FY 2025-26.

Financial Statments for Q2 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

Balrampur Chini Mills Ltd is one of India's leading sugar manufacturing companies. The company is primarily engaged in the production of sugar, ethanol, and power, aligning itself within the agricultural and energy sectors. As one of the largest integrated sugar producers in India, Balrampur Chini Mills has a significant presence in the sugar industry, with several manufacturing plants located in the sugarcane-rich region of Uttar Pradesh. The company also produces ethanol, which is increasingly being used as a biofuel, and cogenerates power from bagasse, a sugarcane by-product. Recent developments in the sugar industry, such as government incentives for ethanol blending and shifts in international sugar prices, could have potential impacts on the company, but specific details on developments pertaining to Balrampur Chini Mills Ltd are not available.

Revenue

In the second quarter of the fiscal year 2026, Balrampur Chini Mills Ltd reported a total income of ₹1679.50 crores. This represents an 8.5% increase from the first quarter of the same fiscal year, where the total income was ₹1548.58 crores. Compared to the second quarter of the previous fiscal year, Q2FY25, the total income has risen by 23.2% from ₹1362.84 crores. These figures indicate a notable increase in the company's revenue on both a quarter-over-quarter (QoQ) and year-over-year (YoY) basis. The growth in income could be attributed to various factors within the company's operations or market conditions, although specific reasons are not detailed in the provided data.

Profitability

The profit before tax for Q2FY26 was ₹70.59 crores, showing an 11.7% increase from the ₹63.18 crores recorded in Q1FY26. On a year-over-year basis, there is a 39.1% increase from ₹50.75 crores in Q2FY25. The tax expense for the quarter was ₹25.96 crores, which is 20.7% higher than the previous quarter's tax of ₹21.51 crores. Notably, the tax figure for the same quarter last year was negative at -₹8.02 crores, indicating a significant year-on-year change in taxation. Profit after tax for Q2FY26 was ₹53.89 crores, a 4.5% increase from the preceding quarter's ₹51.57 crores but a 19.8% decrease from ₹67.18 crores in Q2FY25. The earnings per share (EPS) for the current quarter stand at ₹2.65, marking a 4.7% increase QoQ from ₹2.53, yet a 19.9% decrease YoY from ₹3.31.

Operating Metrics

Total expenses for the second quarter of FY26 amounted to ₹1608.91 crores, reflecting an 8.3% increase from the ₹1485.40 crores in Q1FY26, and a 22.6% rise from ₹1312.08 crores in Q2FY25. These figures indicate a consistent increase in operational costs over the periods assessed. The relationship between income and expenses suggests that while revenue has increased, expenses have also risen at a similar rate, affecting the overall profitability. The company's ability to manage these expenses in relation to its income could be a critical factor in maintaining financial health, although specific conclusions or strategies are not outlined in the data provided.