Rana Sugars Ltd reported consolidated revenue from operations of ₹3.45 billion for the September quarter but posted a net loss after tax of ₹141.3 million. The results highlight challenges from rising input costs and sectoral headwinds, despite steady demand in sugar, ethanol, and power segments.
Rana Sugars Ltd, a key player in India’s sugar and allied industries, has announced its Q2 FY2026 results, recording revenue of ₹3.45 billion and a net loss of ₹141.3 million. The company’s performance reflects the broader challenges faced by the sugar sector, including volatile cane prices, higher energy costs, and regulatory pressures.
While demand for sugar and ethanol remained steady, profitability was impacted by increased raw material costs and lower margins in power generation. The company continues to focus on ethanol blending opportunities, aligned with India’s clean energy push, and is exploring ways to optimize operations to mitigate cost pressures.
Management reiterated its commitment to capacity utilization, diversification into ethanol and co-generation, and efficiency improvements to strengthen long-term sustainability.
Key Highlights
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Revenue from Operations: ₹3.45 billion
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Net Loss After Tax: ₹141.3 million
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Growth Drivers: Sugar and ethanol demand steady
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Challenges: Rising cane costs, lower power margins, regulatory headwinds
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Strategic Focus: Ethanol blending, operational efficiency, diversification
Rana Sugars’ Q2 results underscore the sector’s cyclical challenges while highlighting opportunities in ethanol and renewable energy integration.
Sources: Reuters, Economic Times, Business Standard