Piccadily Sugar and Allied Industries Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The Board of Directors approved these results during a meeting held on November 4, 2026. The company also provided the Limited Review Report. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS).
Unaudited Financial Results Approved
Piccadily Sugar and Allied Industries Limited has officially announced the approval of its unaudited financial results for the second quarter and half-year ended September 30, 2026. The decision was made by the Board of Directors during a meeting convened on November 4, 2026.
The company has submitted a copy of the Unaudited Financial Results along with the accompanying Limited Review Report. These financial statements have been prepared in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable accounting principles and standards.
Meeting Details
The Board meeting commenced at 15:30 and concluded at 16:25 on the same day. The detailed financial statements are available for review, providing insights into the company’s performance for the stated periods.
Independent Auditor’s Review
Rattan Kaur & Associates, Chartered Accountants, have conducted a review of the accompanying unaudited financial results. Their report, dated November 4, 2026, states that based on their review, nothing has come to their attention that causes them to believe the accompanying statement, prepared in accordance with Indian Accounting Standards, contains any material misstatement or fails to disclose required information.
Key Financial Highlights (Unaudited – Half Year Ended 30.09.2026 vs 30.09.2025)
- Revenue from Operations: Gross Sales of ₹5.79 Lakhs for the half-year ended 30.09.2026, compared to ₹166.46 Lakhs in the prior year.
- Total Income: ₹52.02 Lakhs for the half-year ended 30.09.2026, down from ₹681.60 Lakhs in the prior year.
- Total Expenses: ₹76.73 Lakhs for the half-year ended 30.09.2026, compared to ₹630.29 Lakhs in the prior year.
- Profit/(Loss) before Tax: A loss of ₹25.05 Lakhs for the half-year ended 30.09.2026, compared to a profit of ₹51.31 Lakhs in the prior year.
- Net Profit/(Loss): A loss of ₹21.31 Lakhs for the half-year ended 30.09.2026, compared to a profit of ₹17.75 Lakhs in the prior year.
Statement of Assets and Liabilities as on 30.09.2026
The company’s unaudited statement of assets and liabilities as of September 30, 2026, shows total assets of ₹13,151.29 Lakhs and total equity and liabilities of ₹13,151.29 Lakhs. Key figures include Property Plant & Equipment of ₹2,973.46 Lakhs and Equity Share Capital of ₹2,325.45 Lakhs.
Cash Flow Statement
The unaudited cash flow statement for the half-year ended September 30, 2026, indicates a net cash inflow from operating activities of ₹1,076.02 Lakhs. The net cash outflow from investing activities was ₹(987.47) Lakhs, and financing activities resulted in a net outflow of ₹(108.91) Lakhs. The closing cash and cash equivalents stood at ₹44.97 Lakhs.
Source: BSE
