Magadh Sugar Q1 FY27 Income Down to ₹311.27 Cr, PAT at ₹(12.22) Cr
Magadh Sugar & Energy Ltd reported its unaudited financial results for the quarter ended June 30, 2026. Total income for Q1 FY27 stood at ₹311.27 Cr, a decrease from ₹333.88 Cr in Q1 FY26. EBITDA also saw a significant drop to ₹1.46 Cr from ₹19.92 Cr in the prior year's quarter. The company posted a net loss after tax (PAT) of ₹(12.22) Cr for Q1 FY27, compared to a profit of ₹0.22 Cr in Q1 FY26. The Chairperson highlighted policy support for Bihar's sugar industry and strategic modifications like refining the Narkatiaganj plant and installing an incineration boiler at the distillery to improve quality, realisations, and operational efficiency, despite pressures from higher sugarcane procurement costs.
Key Highlights
- Total income decreased to ₹311.27 Cr in Q1 FY27 from ₹333.88 Cr in Q1 FY26.
- EBITDA significantly declined to ₹1.46 Cr from ₹19.92 Cr year-on-year.
- Company reported a net loss of ₹(12.22) Cr in Q1 FY27, a shift from profit in Q1 FY26.
- Strategic plant modifications aim to improve sugar quality and distillery efficiency.
- Higher sugarcane costs continue to pressure mill margins.
Price Impact
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