Balrampur Chini Mills Limited reported robust financial performance for the year ended March 31, 2026, with revenue reaching ₹627,114.65 lakh. The company saw a net profit of ₹34,721.74 lakh for the year. Additionally, the Board of Directors approved the re-appointment of Mr. Vivek Saraogi as Chairman and Managing Director, and Ms. Avantika Saraogi as Executive Director for further 5-year terms, reflecting a commitment to stability and continued leadership for the upcoming years.
Financial Performance Overview
For the financial year ended March 31, 2026, Balrampur Chini Mills Limited achieved total revenue from operations of ₹627,114.65 lakh, up from ₹541,537.83 lakh in the previous fiscal year. Profit before tax for the year stood at ₹52,369.48 lakh. The final quarter of the year (Jan-Mar 2026) contributed ₹160,399.06 lakh to the total annual revenue, demonstrating steady operational momentum.
Strategic Leadership Continuity
The company has prioritized leadership continuity, with the Board of Directors approving significant re-appointments. Mr. Vivek Saraogi has been re-appointed as the Chairman and Managing Director for a 5-year term commencing April 1, 2027. Similarly, Ms. Avantika Saraogi has been re-appointed as a Whole-time Director and Executive Director for a 5-year term starting January 1, 2027. Both appointments are subject to shareholder approval.
Operational Expansion and Cost Efficiency
The company continues to diversify its business interests. The Board also confirmed the re-appointment of M/s. Mani & Co. as Cost Auditors for the 2026-27 financial year. Furthermore, the company is moving forward with a preferential issue of up to 9,316,771 equity shares at ₹483 per share, aimed at raising approximately ₹45,000 lakh. This capital infusion is intended to support the company’s ongoing growth initiatives and maintain its competitive edge in the sugar and diversified energy sectors.
Source: BSE
