The Board of Directors of Piccadily Agro Industries Limited, at their meeting held on April 28, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. For the fourth quarter of FY26, the company reported a total revenue of ₹359.56 Crores, marking a significant 32.37% increase from the ₹271.64 Crores recorded in the corresponding quarter of the previous year (YoY) and a 14.58% rise from the ₹313.80 Crores reported in the preceding quarter (QoQ). Net profit for the current quarter stood at ₹45.91 Crores, which is a 13.70% growth compared to ₹40.38 Crores in the same period last year, although it saw a slight decrease of 4.63% from the ₹48.14 Crores achieved in the previous quarter. Beyond the financial results, the Board also approved a Scheme of Arrangement for the demerger of the company’s Sugar Business into its wholly-owned subsidiary, Piccadily Food & Essential Limited, effectively creating two separate listed entities for its sugar and distillery operations.

Piccadily Agro Industries Limited is a prominent Indian enterprise primarily engaged in the manufacturing of sugar and its by-products, alongside a significant presence in the distillery business. The company has gained international acclaim for its “Indri” single malt whisky, which was recognized as one of the world’s best whiskies in 2023, bolstering its reputation in the premium spirits market. Currently, the company is undergoing a strategic restructuring to separate its sugar and distillery divisions into two distinct listed companies to enhance operational focus and unlock shareholder value. Piccadily operates its manufacturing facilities in Haryana and continues to expand its footprint in both the domestic and international liquor segments.