Balrampur Chini Mills Limited announced its financial results for the second quarter of FY27. The company reported a substantial 166% increase in Sugar segment PBIT, reaching Rs. 140.75 crore, compared to the corresponding quarter last year. Bolstered by these strong results, the Board of Directors has declared an interim dividend of Rs. 4.00 (400%) per equity share.
Strong Q2 Performance
Balrampur Chini Mills Limited has declared its financial results for the second quarter ended September 30, 2026. The company has reported a robust performance, highlighted by a significant increase in profitability across its key segments.
Sugar Segment Highlights
The Sugar segment demonstrated exceptional growth, with its Profit Before Interest and Tax (PBIT) soaring by 166% to Rs. 140.75 crore for Q2 FY27, a notable improvement from the previous year’s comparable quarter. This surge in PBIT is attributed to strong volume growth coupled with improved realisations, supported by firm domestic prices, which helped offset rising cost pressures.
Distillery Segment Challenges
The Distillery segment performance was impacted by compressed margins. This was primarily due to the non-revision of Ethanol procurement prices, despite an increase in sugarcane prices and higher operating costs.
Interim Dividend Declared
In recognition of the company’s performance and financial health, the Board of Directors, in their meeting held on November 4, 2026, approved and declared an interim dividend. The dividend is set at Rs. 4.00 per equity share, representing 400% on equity shares of Re. 1/- each.
Poly Lactic Acid (PLA) Project Update
The construction of the 80,000 TPA PLA plant remains on track, with commercial operations expected to commence in Q4 FY27. Capital expenditure towards the project is progressing as per the execution plans.
Consolidated Financial Overview
On a consolidated basis, Revenue for Q2 FY27 stood at Rs. 1,876.28 crore, a 12.30% increase from Q2 FY26. PBIT for the quarter was Rs. 151.56 crore, with a PBIT Margin of 8.1%. Basic Earnings Per Share (EPS) for Q2 FY27 was Rs. 4.84.
Standalone Financial Performance
Standalone Revenue from operations for Q2 FY27 grew by 12.30% to Rs. 1,876.28 crore. Other income saw a significant increase of 284.54%, largely due to interest income and forfeiture of earnest money deposits. However, Cost of materials consumed decreased by 55.70% due to lower distillery operations. Purchases of Stock-in-Trade increased by 353.26%, attributed to imports for the PLA project.
Sugar Segment Performance
In the Sugar segment, Revenue for Q2 FY27 increased by 19.8% to Rs. 1,578.06 crore. Total Sugar Sales volume increased by approximately 8.3%, while Average Realization of Sugar saw a rise of about 14.5% in Q2 FY27 compared to Q2 FY26.
Distillery Segment Performance
The Distillery segment’s Revenue for Q2 FY27 was Rs. 324.59 crore, a decrease of 19.9% from the previous year. Average blended realization also saw a decline of 7.8% to Rs. 56.47 /BL.
Source: BSE
