Balrampur Chini Mills Limited reported a 14.39% decline in consolidated net profit to ₹44.15 crore for the first quarter of fiscal 2027, compared to ₹51.57 crore in the corresponding period last year. According to reports from Business Standard, the sugar manufacturing company's bottomline was impacted despite achieving revenue growth during the quarter. The earnings announcement was made on Tuesday, August 11, marking the company's official disclosure of first quarter fiscal 2027 results to the market.
The company's revenue increased 6.13% to ₹1,636.79 crore for the quarter ended June 30, 2027, compared to ₹1,542.27 crore in the same quarter of the previous year. As reported by Business Standard, this revenue growth indicates continued business expansion despite the profit decline, suggesting operational challenges in margin management during the quarter.
The company's EBITDA declined 15% to ₹102.84 crore in the quarter under review from ₹116.79 crore in Q1FY26. According to Business Standard reports, EBITDA margin contracted significantly to 6.96% from 8.70% in the previous year, indicating pressure on operational efficiency and profitability margins during the quarter. The margin compression of over 175 basis points reflects the challenging operating environment faced by the sugar manufacturing sector.
Separately, Balrampur Chini Mills announced the appointment of Vartika Shukla as an Additional Director in the category of Non-Executive Independent Director, subject to shareholder approval. As reported by CNBC TV18, Shukla has been appointed for a term of five consecutive years, effective from August 11, 2026, to August 10, 2031, based on the recommendation of the Nomination and Remuneration Committee. Shukla brings over 38 years of experience in engineering consultancy, project management, business strategy and energy sector transformation, having spent her entire career with Engineers India Limited under the Ministry of Petroleum & Natural Gas. Shares of Balrampur Chini Mills Ltd ended at ₹630.25, down by ₹24.10, or 3.68%, on the BSE following the earnings announcement.
