Piccadily Agro Industries Ltd — Important, 28-04-2026: Company Update

The company has approved its audited financial results for the quarter and year ended March 31, 2026. Standalone revenue reached 4135.06 Cr with a profit of 139.56 Cr; consolidated revenue was 4135.06 Cr with a profit of 137.40 Cr. Basic EPS stood at 14.42 (standalone) and 14.21 (consolidated). A demerger plan was approved to separate the Sugar Business into Piccadily Food & Essential Limited, aiming for focused growth and enhanced shareholder value. Existing shareholders will receive one PFEL share for every nine PAIL shares. The Sugar business generated a turnover of 233.05 lakhs, contributing 20.53% of total turnover. Statutory auditors Jain & Associates resigned; Rattan Kaur & Associates were proposed for appointment, subject to shareholder approval.