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Simbhaoli Sugars Limited will convene a meeting of its Interim Resolution Professional on Wednesday, August 26, 2026, to consider and review the consolidated unaudited financial results for the quarter ended June 30, 2026, according to a regulatory filing. The company, which is undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 since July 11, 2024, has Mr. Anurag Goel (IBBI/IPA-001/IP-P-00876/2017-18/11460) as Interim Resolution Professional managing its assets and functions.

Simbhaoli Sugars Limited informed the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited that the 2nd Meeting of the Committee of Creditors (“CoC”) was held from Monday, 10th August 2026 to Thursday, 13th August 2026, to discuss general operational matters and approve key terms and eligibility criteria for the invitation of expression of Interest (EOI) including the EOI Process document and release of advertisement in Form G, as part of the Corporate Insolvency Resolution Process initiated on 11th July 2024, with Mr. Anurag Goel appointed as Interim Resolution Professional (IRP).

Simbhaoli Sugars will hold a meeting of the Board of Directors of the Company on 12 August 2026.

Simbhaoli Sugars will hold a meeting of the Board of Directors of the Company on 13 July 2026.

Net profit of Simbhaoli Sugars declined 86.43% to Rs 6.45 crore in the quarter ended March 2026 as against Rs 47.53 crore during the previous quarter ended March 2025. Sales declined 42.44% to Rs 181.77 crore in the quarter ended March 2026 as against Rs 315.81 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 30.40 crore in the year ended March 2026 as against net profit of Rs 23.99 crore during the previous year ended March 2025. Sales declined 17.39% to Rs 806.91 crore in the year ended March 2026 as against Rs 976.74 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales181.77315.81 -42 806.91976.74 -17 OPM %4.5113.46 --3.223.39 - PBDT13.7454.38 -75 -2.3451.79 PL PBT6.9447.53 -85 -29.9123.99 PL NP6.4547.53 -86 -30.4023.99 PL Powered by Capital Market - Live News