Simbhaoli Sugars Limited, currently under the Corporate Insolvency Resolution Process (CIRP) since July 11, 2024, has announced its consolidated unaudited financial results for the quarters ended June 30, 2025, September 30, 2025, and December 31, 2025, along with the audited financial results for the year ended March 31, 2026. These results, approved by the Chief Financial Officer (CFO) and taken on record by the Interim Resolution Professional (IRP) on May 29, 2026, also highlight the appointment of a new Cost Auditor, M/s Cheena & Associates, and a Secretarial Auditor, M/s Amit Gupta & Associates, for the ongoing fiscal periods.

Simbhaoli Sugars Limited is a diversified entity engaged in the manufacturing of specialty sugars, potable alcohol, ethanol, and power generation. Operating under the oversight of IRP Mr. Anurag Goel, the company has navigated a challenging 2025, marked by turbine breakdowns at its Brijnathpur facility and ongoing legal proceedings before the NCLAT regarding the insolvency process. Despite these hurdles, the company has continued its core operations to preserve assets and maintain its status as a going concern. In March 2026, the company concluded its cane crushing operations for the 2025-2026 season.

For the quarter ended June 30, 2025, the company reported revenue from operations of ₹23,247.21 Lakhs, compared to ₹37,324.21 Lakhs in the previous quarter (March 31, 2025) and ₹32,392.71 Lakhs in the corresponding quarter of the previous year (June 30, 2024). The company recorded a net loss of ₹2,243.24 Lakhs for the quarter ended June 30, 2025, against a profit of ₹777.64 Lakhs in the March 2025 quarter and a loss of ₹1,473.72 Lakhs in the June 2024 quarter. Notable investors in the company include promoters such as Gurmit Singh Mann, Gursimran Kaur Mann, and Gurpal Singh.

Financial MetricQoQ Change (%)YoY Change (%)
Revenue from Operations-37.71%-28.23%
Net Profit/(Loss)-388.57%+52.22%

Leave a Reply

Quote of the week

Do not save what is left after spending; instead spend what is left after saving

~ Warren Buffett

Designed with WordPress

Discover more from Investeepedia

Subscribe now to keep reading and get access to the full archive.

Continue reading