Riga Sugar Reports Q2 FY27 Half-Year Loss of Rs. (1,457.55) lakhs Before Tax
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 07 Nov 2026, 02:31 PM IST · BSE ID: 78659f0a-4c28-4fcb-baf4-27bd352886d5
View Original BSE Filing (PDF)
💡
In Simple Terms
Riga Sugar announced that it lost Rs. (1,457.55) lakhs before taxes for the six months ending September 2026.
🤖 AI Summary
- Riga Sugar Company Ltd reported a half-year loss before tax of Rs. (1,457.55) lakhs for Q2 FY27.
- Revenue from operations for the half-year ended September 30, 2026, was Rs. 3,910.49 lakhs.
- Total assets decreased to Rs. 35,923.84 lakhs as of September 30, 2026, from Rs. 39,140.34 lakhs.
- Cash and cash equivalents were Rs. 2.66 lakhs at the end of Q2 FY27.
- Equity Share capital remained stable at Rs. 1,444.34 lakhs.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Profit / (Loss) before tax (Half-Year ended 30th September, 2026)
(1,457.55) Rs.in lakhs
Not comparable — limited prior period data.
Revenue from operations (Half-Year ended 30th September, 2026)
3,910.49 Rs.in lakhs
517.07%
Total Assets (As at 30th September, 2026)
35,923.84 Rs.in lakhs
Cash & Cash Equivalents at End of period (As at 30th September, 2026)
2.66 Rs.in lakhs
🏢 How This Affects the Company
The company recorded a half-year loss before tax of Rs. (1,457.55) lakhs, impacting overall profitability. Total assets decreased by Rs. 3,216.50 lakhs, reflecting a reduction in asset base.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the company's reported half-year loss of Rs. (1,457.55) lakhs before tax, which reduces other equity from Rs. 25,129.87 lakhs to Rs. 23,626.64 lakhs.
🔍
Management Signal
The management's approval of the unaudited results indicates transparency in reporting financial performance and adherence to regulatory compliance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — check for improvements in profitability.
Updates on operational cost management initiatives.
Any filings regarding strategic plans to address recurring losses.
HIGH RISK
The company is reporting substantial losses before tax and has declining cash reserves, indicating financial instability.
💡 Investor Takeaway
Riga Sugar Company Ltd reported a half-year loss before tax of Rs. (1,457.55) lakhs for Q2 FY27, compared to a loss of Rs. (484.76) lakhs in Q2 FY26. Revenue from operations for the half-year stood at Rs. 3,910.49 lakhs. Total assets decreased to Rs. 35,923.84 lakhs.
⚖️ Strengths & Concerns
✅ Positives
- Equity Share capital remained stable at Rs. 1,444.34 lakhs, indicating no dilution through new share issuance during the period.
- Statutory Auditors expressed an unmodified conclusion on the unaudited financial results, suggesting compliance with accounting standards.
⚠️ Concerns
- Reported a significant half-year loss before tax of Rs. (1,457.55) lakhs, widening from Rs. (484.76) lakhs in the prior comparable period.
- Cash and cash equivalents declined substantially to Rs. 2.66 lakhs from Rs. 45.94 lakhs at the beginning of the period.
📅 Company Track Record
Riga Sugar Company Ltd reported a Q2 FY27 half-year loss before tax of Rs. (1,457.55) lakhs, following a previous filing on November 7, 2026, that confirmed this loss. A board meeting was scheduled on November 7, 2026, to approve these unaudited financial results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Riga Sugar Company Ltd's loss before tax for the half-year ended September 30, 2026?
Riga Sugar Company Ltd reported a loss before tax of Rs. (1,457.55) lakhs for the half-year ended September 30, 2026.
What was the revenue from operations for Riga Sugar Company Ltd for the half-year ended September 30, 2026?
The revenue from operations for Riga Sugar Company Ltd was Rs. 3,910.49 lakhs for the half-year ended September 30, 2026.
What were Riga Sugar Company Ltd's cash and cash equivalents as of September 30, 2026?
As of September 30, 2026, Riga Sugar Company Ltd's cash and cash equivalents stood at Rs. 2.66 lakhs.
How did Riga Sugar Company Ltd's total assets change as of September 30, 2026?
Riga Sugar Company Ltd's total assets decreased to Rs. 35,923.84 lakhs as of September 30, 2026, from Rs. 39,140.34 lakhs as of March 31, 2026.
Questions based on this BSE filing only. For information purposes.