Vishwaraj Sugar Industries Limited (VSIL) reported a net loss for the quarter and nine-month period ending December 31, 2025. This decline is attributed to seasonal challenges within the sugar sector and heightened cost structures, which were somewhat mitigated by contributions from its distillery and cogeneration operations.
For the quarter concluding on December 31, 2025 (Q3 FY26), the company announced:
Revenue from operations: Rs 7,768.35 lakh
Total income (including other income): Rs 7,946.56 lakh
Revenue from operations: Rs 26,578.21 lakh
Total income: Rs 27,026.67 lakh
For the nine months concluded on December 31, 2025, net loss totalled at Rs 3,776.84 lakh, slightly better than the net loss of Rs 3,867.98 lakh during the equivalent timeframe last year.
The company said that due to sugar’s seasonal nature, quarterly results may not fully represent annual performance.
Managing Director Nikhil U. Katti said that while challenges persist within the sugar segment, the company maintains its commitment towards enhancing operational efficiency along with diversification into ethanol products and value-added services, while exercising judicious

















