Sugar company Balrampur Chini Mills announced Q2FY26 results Revenue from Operations: Rs 1,670.76 crore against Rs 1,297.95 crore during Q2FY25, change 28.72%. EBITDA: Rs 120.40 crore against Rs 49.08 crore during Q2FY25, change 145.31%. Comprehensive Income: Rs 57.29 crore against Rs 71.08 crore during Q2FY25, change -19.40%. Vivek Saraogi, Chairman & Managing Director, Balrampur Chini Mills Limited (BCML), said: “BCML has delivered a healthy performance in a seasonally weak quarter. We reported improvement in volumes and realizations across Sugar and Distillery divisions that supported overall performance. Furthermore, profitability this quarter also benefited from the revision in power tariff w.e.f. 1st April 2024. India’s net sugar production (post diversion to ethanol) is projected to rebound in the 2025–26 season, with an estimated output of 31 MMT, up ~19% from 26.1 MMT in the previous season. We are preparing for an expected upswing in our production volumes supported by conducive weather conditions despite decline in sugarcane area. The Government has recently allowed exports of 1.5 MMT for 2025-26 sugar season. Considering India's domestic consumption at 28.5 MMT, the closing stock of sugar as on 30th Sep-2026 is expected to be around 6 MMT. Despite a significant increase in sugarcane FRP and operational costs, the Government has not revised Ethanol prices under the Juice and B-heavy routes over last two years. We are hopeful that a timely upward revision in ethanol prices will be made to maintain the viability of sugar mills and their ability to make timely payments to farmers in ongoing season 2025-26 i.e. consecutive third year of rising cost burden. Likewise, revision in the Minimum Sale Price (MSP) of sugar will also be vital to sustain the sector’s financial health in a surplus year. I am pleased to share that the Board of Directors at its meeting held today has announced interim dividend of Rs 3.50 (350%) per Equity share of Re. 1/- each leading to outflow of ~Rs 70.7 crore. We continue to make healthy progress on Polylactic Acid (PLA) project. Construction activities are in full swing and we have also started developing the market by way of trading of imported PLA. Till 31st October 2025 ~Rs 1093 crore have been spent (Rs 570 crore via Debt and balance from internal accruals) on the project. BCML stands committed to sustainable value creation by optimizing every aspect of our operations, ensuring maximum value extraction from each stick of cane. The introduction of the PLA project diversifies our product range and aligns with global environmental goals by offering an environment friendly alternative to traditional plastics. Leveraging our integrated operations and strong financial health, we remain dedicated to deepening our relationships with Environment and enhancing operational efficiencies. We will continue to invest judiciously and create value for our shareholders.” Result PDF