Gayatri Sugars Ltd — Updates, 29-05-2025: Company Update

Gayatri Sugars has announced a board meeting outcome including the financial results for the quarter and half-year. The company reported revenue from operations of ₹195.26 Cr for the quarter and ₹336.11 Cr for the year, with a net profit of ₹38.85 Cr for the quarter and ₹1.07 Cr for the year. The sugar segment contributed significantly to profit before interest and tax. Audit reports carried a qualified opinion due to a contingent liability of ₹2.84 Cr related to an ongoing electricity duty dispute, with a possible impact estimated at ₹1.7 Cr. The company appointed Narasimha Murthy & Co as Cost Auditors and PPKG & Co as Internal Auditors for FY 2025-26. Share warrant conversions raised ₹23.15 Cr, strengthening finances. A petition related to the Sugar Development Fund is expected to be resolved soon. No defaults on loans or debt securities were reported.