Balrampur Chini Mills Q2 profit falls 20% to ₹54 crore, revenue up 29%; declares ₹3.5 dividend
Vivek Saraogi, CMD, Balrampur Chini Mills said improved sugar and distillery volumes supported performance in a seasonally weak quarter
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Balrampur Chini Mills, India’s second largest private sector sugar manufacturer, on Tuesday reported a 19.77 per cent decline in its consolidated net profit to ₹53.89 crore for the second quarter this fiscal, even as its revenue rose close to 29 per cent y-o-y during the period.
The company had posted a net profit of ₹67.17 crore in the second quarter of the last fiscal.
Revenue from operations increased to ₹1,670.76 crore in the second quarter of FY26 from ₹1,297.95 crore in the corresponding period of FY25, according to a stock exchange filing. Total expenses grew 22.62 per cent y-o-y at ₹1,608.91 crore for the period under review.
EBITDA, excluding other income, grew 145.31 per cent y-o-y to ₹120 crore in Q2FY26, the company said.
Positive industry outlook
Commenting on the performance for the quarter, Vivek Saraogi, Chairman and Managing Director, Balrampur Chini Mills Limited, 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 with effect from April 1, 2024.”
Saraogi said 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 around 19 per cent 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 1.5MMT for 2025-26 sugar season. Considering India’s domestic consumption at 28.5 MMT, the closing stock of sugar as on September 30, 2026 is expected to be around 6 MMT,” he added.
Dividend announcement
The company declared an interim dividend of ₹3.50 per equity share of face value of ₹1 each, fully paid up, for the financial year 2025-26.
Published on November 12, 2025
