Avadh Sugar Q2 FY27: Profit Turns Positive at ₹10 Cr, EBITDA Surges 210%
Avadh Sugar & Energy Limited reported a turnaround in Q2 FY27 with PAT of ₹10 crore, up from a loss of ₹7 crore in Q2 FY26. EBITDA surged 210% to ₹42 crore. Total income was ₹655 crore. The company is establishing a sugar refinery at its Seohara unit.
The positive financial results and strategic expansion plans are beneficial for the company. However, the decline in ethanol sales and the seasonal nature of the sugar business could moderate the overall impact.
The company has shown a significant turnaround in profitability, moving from losses to profits, and has reported strong growth in EBITDA, driven by improved sugar realisations. The strategic move to establish a refinery also indicates a positive outlook.
Avadh Sugar & Energy Limited has announced its financial results for the quarter and six months ended September 30, 2026. The company reported a Profit After Tax (PAT) of ₹10 crore for Q2 FY27, marking a significant turnaround from a loss of ₹7 crore in the same period last year. For the half-year ended September 30, 2026 (H1 FY27), PAT also turned positive at ₹10 crore, compared to a loss of ₹15 crore in H1 FY26.
EBITDA saw a substantial increase of 210% in Q2 FY27, reaching ₹42 crore from ₹20 crore in Q2 FY26. In H1 FY27, EBITDA grew by 163% to ₹80 crore from ₹49 crore in H1 FY26. This growth was primarily driven by improved sugar realisations. Average sugar realisation increased by 15% in Q2 FY27 and 8% in H1 FY27.
Total income for Q2 FY27 was ₹655 crore, a slight decrease of 2.2% from ₹670 crore in Q2 FY26. However, for H1 FY27, total income increased by 3.5% to ₹1,436 crore from ₹1,387 crore in H1 FY26. This was driven by a 2% increase in sugar sales volume, despite a 19% decline in ethanol sales volume.
The company is strategically planning to establish a Sugar Refinery at its Seohara unit to cater to premium market segments. Financially, the company is moving towards a net debt-free position, with net debt reducing to ₹155 crore as of September 26, 2026, from ₹591 crore in September 2025.
The Sugar segment reported a turnaround with positive EBIT of ₹36 crore in Q2 FY27 and ₹45 crore in H1 FY27, against losses in the previous year. The Distillery segment's EBIT declined due to lower ethanol production. The Power segment's EBIT is not comparable due to one-time income in the previous year.
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Avadh Sugar & Energy Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Avadh Sugar & Energy Limited. Read the original for the full detail.