Bannari Amman Sugars Q2 results 2026: profit -27.5%
Bannari Amman Sugars reported standalone revenue of Rs 340.22 crore and profit for the period of Rs 30.95 crore for July to September 2026.
Published 12 November 2026 · Potoos Research Services
The short answer. Standalone revenue fell 40.5% from a year earlier and profit for the period fell 27.5%. Other income nearly doubled. The filing gives no quarterly reason; its half-year cash-flow statement shows larger gains on investments and on asset sales.
Quarter at a glance
Standalone figures in Rs crore. Change compares the same quarter a year earlier.
| Measure | Jul-Sep 2026 | Jul-Sep 2025 | Change |
|---|---|---|---|
| Revenue from operations | 340.22 | 571.65 | -40.49% |
| Other income | 12.50 | 6.72 | +86.02% |
| Profit before tax | 41.99 | 65.73 | -36.12% |
| Profit for the period | 30.95 | 42.70 | -27.52% |
Source: Bannari Amman Sugars unaudited results, standalone results table. Percentages are recomputed from the filing figures before rounding.
Standalone means the accounts of Bannari Amman Sugars Limited itself on the reporting basis used in this filing. The filing states that the company has no subsidiary, associate or joint venture, so there are no separate consolidated results.
Why did profit fall less than revenue?
Revenue from operations fell 40.5%, while profit before tax fell 36.1% and profit for the period fell 27.5%. Other income rose from Rs 6.72 crore to Rs 12.50 crore, an 86.0% increase. That is a much larger move than revenue. The filing does not explain it quarter by quarter. Its cash-flow statement for April to September 2026 shows gains on sale of current investments of Rs 5.57 crore (Rs 2.35 crore a year earlier), fair value gains on current investments of Rs 2.48 crore (Rs 0.13 crore) and profit on sale of property, plant and equipment of Rs 2.80 crore (Rs 0.02 crore). Those are half-year figures, not Q2 alone.
The results also show total expenses of Rs 310.73 crore, against Rs 512.65 crore a year earlier. The segment table shows the mix. Sugar segment revenue fell 41.1% to Rs 351.43 crore and its result fell to Rs 7.89 crore from Rs 26.15 crore. Distillery revenue fell to Rs 6.04 crore from Rs 69.45 crore, and the segment swung to a loss of Rs 4.28 crore from a profit of Rs 17.49 crore. Power revenue was flat at Rs 150.90 crore, but its result rose to Rs 33.92 crore from Rs 19.58 crore, which is why profit fell less than revenue. Segment revenue is before inter-segment sales are removed. The filing does not give reasons for these moves.
What else did the board outcome say?
The 11 November outcome says the audit committee reviewed the unaudited financial results and the board approved them. The outcome does not announce a dividend, bonus issue, split, fund raise or stake sale.
How to read the comparison
The comparison is July to September 2026 against July to September 2025. A year-on-year comparison keeps the same season of the year on both sides, which matters for businesses whose activity can vary by season.
Sources
- Bannari Amman Sugars unaudited financial results. 11 November 2026. Board-outcome letter and standalone statement of unaudited financial results for the quarter ended 30 September 2026.
Sources checked on 11 November 2026. Information cutoff: 11 November 2026, 16:30 IST
Common questions
Are these consolidated figures?
No. The table on this page uses the standalone results in the filing.
Why is other income called out?
It rose 86.0% year on year while revenue from operations fell. The filing does not state a specific quarterly reason for that increase.
Did the same outcome announce a dividend?
No dividend is stated in the 11 November board-outcome letter.
Potoos Research, SEBI-registered Research Analyst. Registration number INH000027380. SEBI is the Securities and Exchange Board of India.