Bajaj Hindusthan Sugar Limited (BHSL), a leading integrated sugar producer in India, announced a standalone net profit of ₹15.06 crore for the third quarter of FY26. This is a significant turnaround from the loss of ₹99.59 crore recorded in the previous quarter and a loss of ₹99.34 crore during the same period last year.
Despite this positive outcome for the quarter, the company incurred a net loss of ₹253.10 crore for the nine months ending December 31, 2025, indicating ongoing financial challenges even with operational enhancements.
Year-on-year revenue declined for both the quarterly and nine-month periods, primarily due to lower cane availability and decreased sugar recovery earlier in the season.
The improvements in profitability on a sequential basis suggest a stabilisation in operations.
Segment Performance Overview Revenue Breakdown (Standalone – Q3 FY26)
Sugar: ₹1,670.78 crore
Distillery: ₹93.35 crore
Power: ₹371.52 crore
The sugar segment continues to be the primary source of revenue, while the distillery and co-generation sectors contribute positively to business diversification.
The company said that the sugar scenario has shown improvement in recent times, supported by stable domestic sugar prices, and marginal improvements in sugar recovery and other efficiencies may bring the desired results. With a crushing capacity of 1,36,000 TCD, distillery capacity of 800 KLD, and co-generation capacity of 449 MW, BHSL sees itself well-positioned to take advantage of favourable trends in the sugar market.
The company’s long-term viability depends on:
- The effective resolution of its OCD commitments
- The recovery of outstanding receivables
- Continuous improvement in cane availability and recovery rates
- Ongoing support from financial lenders
