October 15, 2026 12:29 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Meerut blue drum murder case: Muskaan, her lover get death sentence | 'Rise up, young patriots!': American singer Mary Millben alleges CJP gets US funding, urges peaceful protests | 'Won't go unchallenged': Muhammad Yunus heckling in New York triggers legal action warning | flydubai cockpit attack probe widens: Two Maldivian pilots detained in UAE over links to Omani co-pilot | Netflix scores big FIFA deal: All 104 World Cup 2030 matches to stream live in Spain, Andorra | Jantar Mantar crackdown: CJP's Saurav Das, Ashutosh Ranka sent to jail for 5 days | Punjab activist confronts chemist over alleged drug sales, shot dead during Facebook Live | ‘Rahul Gandhi pushed me during protest march’: Pregnant journalist’s allegation sparks BJP-Congress faceoff | ‘You cannot denotify resistance': CJP leaders Ashutosh Ranka, Saurav Das jump Jantar Mantar gate to protest, detained | Delhi Police de-notifies Jantar Mantar as protest site amid CJP stir over Gyanesh Kumar
Q1 Results
Representational Photo: ChatGPT

Magadh Sugar & Energy Q1 results: MSEL records key financial updates for June quarter

| @indiablooms | Aug 29, 2026, at 11:47 am

Kolkata/IBNS: Magadh Sugar & Energy Limited (MSEL) has announced its unaudited financial results for the quarter ended June 30, 2026, with the company’s Board of Directors taking the results on record at its meeting held on August 4, 2026.

Financial Highlights:

Q1FY27

  • Total Income in Q1 FY27 at Rs. 311.27 Cr as against Rs. 333.88 Cr in Q1 FY26.
  • EBITDA in Q1 FY27 at Rs. 1.46 Cr as against Rs. 19.92 Cr in Q1 FY26.
  • PAT in Q1 FY27 at Rs. (12.22) Cr as against Rs. 0.22 Cr in Q1 FY26.

Commenting on the results, C.S. Nopany, Chairperson, Magadh Sugar & Energy Ltd said: “Bihar’s sugar industry is witnessing renewed policy support, with the State focusing on the revival and modernisation of the sector through integrated Sugar, Ethanol and Co-generation projects. 

“The Sugarcane Industry Investment Promotion Policy 2026 aims to attract fresh investments, restore closed sugar mills, strengthen processing infrastructure, and enhance the competitiveness of the State’s sugar ecosystem. ”
“While the sector outlook remains constructive, higher sugarcane procurement costs continue to exert pressure on mill margins, making improvements in sugar recovery, product realisation, and earnings from by-products increasingly critical to sustaining profitability.

In line with this strategy, the modification of the Narkatiaganj Sugar Plant from the sulphitation process to a refinery is expected to improve sugar quality and enhance realisations. Further, the installation of an incineration boiler at the Narkatiaganj Distillery Plant will enable the distillery to operate for approximately 340 days annually, strengthening operational efficiency and supporting higher capacity utilisation.”

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.