Zuari Industries Limited announced its audited financial results for the quarter ended 30 June 2025, delivering a sharp improvement in profitability and operational performance across multiple business segments.

On a standalone basis, the company posted Revenue from Operations of Rs. 210.3 crore and Operating EBITDA of Rs. 22.4 crore. Profit Before Tax (before exceptional items) stood at Rs. 0.9 crore.

On a consolidated basis, Revenue rose to Rs. 267.6 crore, representing a 10.5 per cent increase over Q1 FY2024-25. Consolidated Profit After Tax stood at Rs. 0.5 crore, marking a significant turnaround from a loss of Rs. 33.6 crore in the same quarter last year.

Ethanol sales grew slightly to 9,757 KL from 9,672 KL, with higher average realisations of Rs. 60.7 per litre compared to Rs. 58.9 per litre a year earlier. Power exports were lower due to the shortened milling season. Demonstrating strong commitment to farmers, the Company cleared 100 per cent cane dues by May 2025.

Simon India Ltd (SIL), the company’s engineering subsidiary, secured new orders worth Rs. 100 crore during the quarter. Projects worth Rs. 0.8 crore were completed, while projects worth Rs. 148 crore remain in progress, with a strong focus on timely delivery.

In the bioenergy segment, Zuari Envien Bioenergy Pvt Ltd (ZEBPL) – a 50:50 joint venture between Zuari Industries Limited and Envien International – reported steady progress on its 180 KLPD bioethanol project, which remains on track for completion in Q2 FY2025-26.

Commenting on the results, Athar Shahab, Managing Director, Zuari Industries Ltd, said: "The first quarter is typically a quieter period for our Sugar, Power & Ethanol division due to the seasonality of the sugar business. Nevertheless, we delivered improved realisations and higher ethanol output. Our St. Regis Residences project in Dubai is progressing ahead of schedule, while Simon India has strengthened its order book and advanced its digital transformation plans.

Our upcoming bioethanol plant, developed through a joint venture, is on track for completion as planned. Meanwhile, our financial services businesses are expanding both their product offerings and customer reach.

We remain focused on driving growth in our key segments – Sugar, Power & Ethanol, Real Estate, and Bioenergy – while pursuing land monetisation, operational efficiency, and cost optimisation.

Looking ahead, 2025 will be a year of disciplined execution and strategic expansion. We aim to consolidate leadership in our core sectors, scale high-potential businesses, and invest in sustainability and digitalisation to deliver long-term value for all stakeholders."