The Board of Directors of Avadh Sugar & Energy Limited (ASEL) at its meeting held on November 10, 2025 took on record the Unaudited Financial Results for the Quarter Ended 30 September 2025.
Financial Highlights:
Q2FY25
▪ Total Income in Q2 FY26 at Rs. 670 Cr as against Rs. 634 Cr in Q2 FY25.
▪ EBITDA in Q2 FY26 at Rs. 20 Cr as against Rs. 36 Cr in Q2 FY25.
▪ PAT in Q2 FY26 at Rs. (7) Cr as against Rs. 1 Cr in Q2 FY25.
H1FY26
▪ Total Income in H1 FY26 at Rs. 1,387 Cr as against Rs. 1,343 Cr in H1 FY25.
▪ EBITDA in H1 FY26 at Rs. 49 Cr as against Rs. 94 Cr in H1 FY25.
▪ PAT in H1 FY26 at Rs. (15) Cr as against Rs. 10 Cr in H1 FY25.
According to the press release, commenting on the results, Mr. C.S. Nopany, Co-Chairperson and Managing Director, Avadh Sugar & Energy Ltd said: “The recent increase of ₹30 per quintal in the State Advisory Price (SAP) of sugarcane, a much-needed support for the farmers will pose a significant challenge for the sugar industry in Uttar Pradesh without a corresponding increase in sugar and ethanol prices. With sugar recovery rates under pressure and production costs already exceeding selling prices, this additional hike is expected to further strain the financial viability of mills. However, pursuant to the recent notification issued by the Uttar Pradesh Electricity Regulatory Commission (UPERC), the power tariff has been revised with effect from 1 April 2024, by approximately Rs.
0.90 per unit, with a marginal annual increase envisaged for the next four years.
“At Avadh, we remain committed to sustainable and inclusive growth. In this direction, the sugarcane crushing capacity of the Company’s Hargaons Unit has been enhanced from 10,000 TCD to 13,000 TCD with energy saving measures. The expanded capacity has become operational with the commencement of the Sugar Season 2025–26,” he further added.












