Ugar Sugar Works reported financial results for the quarter and half-year ended September 30, 2025. Q2 FY26 total revenue jumped 61.5% YoY to Rs 425.26 Cr.

H1 FY26 revenue rose 29.7% to Rs 789.14 Cr.

Net Loss significantly narrowed to Rs 32.17 Cr in Q2 FY26 from Rs 60.03 Cr YoY, with EPS improving from (Rs 5.34) to (Rs 2.86). Industrial Alcohol revenue surged 169% YoY, turning profitable and driving growth.

Co-generation also saw strong growth (+139%) and became profitable.

Sugar segment losses reduced.

Potable Alcohol sales declined.

Improved segment profitability largely offset higher material and finance costs.

These results indicate an improving financial momentum, reflecting a turnaround in key segments.