Zuari Industries Posts Q1 FY26 Revenue Growth; PAT Turns Positive

13 Aug 2025 CW Team

Zuari Industries has announced its audited financial results for the quarter ended 30 June 2025.

On a standalone basis, the company reported Revenue from Operations of Rs 2.10 billion and Operating EBITDA of Rs 220.4 million. Standalone Profit Before Tax (PBT), before exceptional items, stood at Rs 90 million.

On a consolidated basis, Revenue rose 10.5 per cent year-on-year to Rs 2.67 billion, while Profit After Tax (PAT) stood at Rs 50 million compared to a loss of Rs 330.6 million in Q1 FY25.

Segment Highlights

Sugar, Power & Ethanol: Operations were impacted by an early mill closure due to a regional cane shortage. Domestic sugar sales stood at 3.6 lakh quintals versus 3.8 lakh quintals in Q1 FY25, though sugar realisation improved by 4 per cent to Rs 4,036 per quintal. Ethanol sales increased marginally to 9,757 KL, with higher average realisations of Rs 60.7 per litre (Rs 58.9 per litre in Q1 FY25). Power exports were lower due to early closure. The company cleared 100 per cent cane dues in May 2025.
Real Estate (Zuari Infraworld India – ZIIL): Reported EBITDA of Rs 210.7 million, up 58.4 per cent Y-o-Y. Focus remains on building a development management pipeline in Bengaluru, Hyderabad, Kolkata, and Dubai. The St. Regis Dubai project is progressing ahead of schedule, with completion targeted for February 2026.
Financial Services: Zuari Finserv (ZFL) posted an EBITDA of Rs 20 million, up 17.6 per cent YoY. Zuari Insurance Brokers (ZIBL) recorded EBITDA of Rs 30.2 million, up 33.3 per cent Y-o-Y.
Engineering (Simon India Ltd – SIL): Secured new orders worth Rs 1 billion. Projects worth Rs 80 million were completed, and projects worth Rs 1.48 billion are in progress.
Bioenergy (Zuari Envien Bioenergy – ZEBPL): The 180 KLPD bioethanol project, a 50:50 JV with Envien International, is on track for completion in Q2 FY26.

The company also reduced its cost of borrowing by 73 basis points year-on-year.

Athar Shahab, Managing Director, Zuari Industries Ltd, said:

"The first quarter is typically a quieter period for our Sugar, Power & Ethanol division due to seasonality. Despite this, we achieved better realisations and higher ethanol output. The St. Regis Residences project in Dubai is ahead of schedule, Simon India has strengthened its order book, and our bioethanol plant remains on track. We are committed to disciplined execution, strategic expansion, and investments in sustainability and digitalisation to create long-term value for stakeholders."

Zuari Industries has announced its audited financial results for the quarter ended 30 June 2025.On a standalone basis, the company reported Revenue from Operations of Rs 2.10 billion and Operating EBITDA of Rs 220.4 million. Standalone Profit Before Tax (PBT), before exceptional items, stood at Rs 90 million.On a consolidated basis, Revenue rose 10.5 per cent year-on-year to Rs 2.67 billion, while Profit After Tax (PAT) stood at Rs 50 million compared to a loss of Rs 330.6 million in Q1 FY25.Segment HighlightsSugar, Power & Ethanol: Operations were impacted by an early mill closure due to a regional cane shortage. Domestic sugar sales stood at 3.6 lakh quintals versus 3.8 lakh quintals in Q1 FY25, though sugar realisation improved by 4 per cent to Rs 4,036 per quintal. Ethanol sales increased marginally to 9,757 KL, with higher average realisations of Rs 60.7 per litre (Rs 58.9 per litre in Q1 FY25). Power exports were lower due to early closure. The company cleared 100 per cent cane dues in May 2025.Real Estate (Zuari Infraworld India – ZIIL): Reported EBITDA of Rs 210.7 million, up 58.4 per cent Y-o-Y. Focus remains on building a development management pipeline in Bengaluru, Hyderabad, Kolkata, and Dubai. The St. Regis Dubai project is progressing ahead of schedule, with completion targeted for February 2026.Financial Services: Zuari Finserv (ZFL) posted an EBITDA of Rs 20 million, up 17.6 per cent YoY. Zuari Insurance Brokers (ZIBL) recorded EBITDA of Rs 30.2 million, up 33.3 per cent Y-o-Y.Engineering (Simon India Ltd – SIL): Secured new orders worth Rs 1 billion. Projects worth Rs 80 million were completed, and projects worth Rs 1.48 billion are in progress.Bioenergy (Zuari Envien Bioenergy – ZEBPL): The 180 KLPD bioethanol project, a 50:50 JV with Envien International, is on track for completion in Q2 FY26.The company also reduced its cost of borrowing by 73 basis points year-on-year.Athar Shahab, Managing Director, Zuari Industries Ltd, said:The first quarter is typically a quieter period for our Sugar, Power & Ethanol division due to seasonality. Despite this, we achieved better realisations and higher ethanol output. The St. Regis Residences project in Dubai is ahead of schedule, Simon India has strengthened its order book, and our bioethanol plant remains on track. We are committed to disciplined execution, strategic expansion, and investments in sustainability and digitalisation to create long-term value for stakeholders.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..