ZUARI INDUSTRIES LIMITED — Investor Meet, 03-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Zuari Industries reported Q4 revenue of ₹243.9 Cr, up 4% YoY, and ₹871 Cr for FY25, growing 22% YoY, led by sugar, ethanol, and power. Q4 EBITDA was ₹49.9 Cr (20% margin) with FY25 EBITDA up 42% to ₹70 Cr. Q4 PAT was ₹9.1 Cr, FY25 net loss ₹37.4 Cr driven by a ₹35 Cr impairment. The SPE division set records in cane crushing and ethanol production. Real estate faced revenue challenges in Goa but completed a premium Dubai project early. Focus remains on operational excellence, bioethanol expansion, asset-light real estate, and deleveraging, with confidence in strong business momentum.