SBEC Sugar Ltd
SBEC Sugar Reports Q2 Losses Amid Cane Dues Uncertainty 📉
- Standalone Q2 loss: ₹2553.72 lakhs (Sept 30, 2025)
- Consolidated Q2 loss: ₹2858.23 lakhs
- No provision for ₹2080.45L interest on late cane payments (2024-25 season)
- ₹14,685.98L exposure to Modi Industries - no interest provision due to collection uncertainty
- Supreme Court upheld High Court's cane dues interest waiver (2012-13 to 2014-15) - case ongoing
- Made substantial cane payments for 2024-25 season per High Court order
- Company Secretary Ankit Bisht resigned (effective Nov 15, 2025)
- Results follow Ind AS standards, reflect sugar industry seasonality