Magadh Sugar Reports Q2 FY26 Income of Rs. 325 Cr
Filing Summary
Magadh Sugar & Energy Ltd released its unaudited financial results for Q2 and H1 FY26. The company reported a total income of Rs. 325 Cr for Q2 FY26, compared to Rs. 324 Cr in Q2 FY25. EBITDA for Q2 FY26 was Rs. 2 Cr, down from Rs. 21 Cr in the previous year. The company recorded a loss of Rs. 10 Cr in Q2 FY26, contrasting with a profit of Rs. 5 Cr in Q2 FY25. For H1 FY26, total income was Rs. 659 Cr, with an EBITDA of Rs. 22 Cr and a net loss of Rs. 10 Cr.
In Q2 FY26, Magadh Sugar reported a total income of Rs. 325 Cr, slightly higher than the Rs. 324 Cr recorded in Q2 FY25. The EBITDA for Q2 FY26 was Rs. 2 Cr, a decrease from Rs. 21 Cr in the same quarter of the previous year. The company recorded a net loss of Rs. 10 Cr in Q2 FY26, compared to a profit of Rs. 5 Cr in Q2 FY25. For the half-year period ending September 30, 2025, the total income was Rs. 659 Cr, down from Rs. 684 Cr in H1 FY25. The EBITDA for H1 FY26 stood at Rs. 22 Cr, compared to Rs. 57 Cr in H1 FY25, with a net loss of Rs. 10 Cr, contrasting with a profit of Rs. 17 Cr in H1 FY25.
The company operates three sugar mills located in Bihar: New Swadeshi Sugar Mills in Narkatiaganj, Bharat Sugar Mills in Sidhwalia, and Hasanpur Sugar Mills in Hasanpur. These mills have a combined crushing capacity of 21,500 TCD. Additionally, Magadh Sugar has two distilleries for ethanol production at Narkatiaganj and Sidhwalia, with a total ethanol capacity of 155 KLPD. The company also possesses a co-generation facility capable of generating 38 MW of power.
The financial results reflect the company’s operations amidst the broader context of India’s sugar sector, which is experiencing a transition towards ethanol blending and clean energy initiatives. The sector faces challenges such as erratic weather and cane availability, impacting production levels. However, the structural shift towards ethanol blending is a significant development in India’s energy diversification efforts.
The financial results were approved by the Board of Directors on November 11, 2025. The company continues to focus on strategic investments to enhance production capacity, including increased crushing capacity and operational steam-saving measures at the Narkatiaganj unit.
Magadh Sugar & Energy Ltd was incorporated in 2015, focusing on sugar and sugar products, spirits, and alcohol production. The company is involved in the generation of power through various means and continues to prioritize sustainable growth through strategic investments in production capacity and resource management.