NEW DELHI: Zuari Industries Limited (BSE: 500780, NSE: ZUARIIND) today announced its audited financial results for the quarter ended June 30, 2025, showcasing a significant turnaround in profitability and a steady growth trajectory across its diversified businesses.
On a consolidated basis, the company posted revenue of ₹267.6 crore, marking a 10.5% increase over Q1 FY25. Consolidated Profit After Tax (PAT) stood at ₹0.5 crore compared to a loss of ₹33.6 crore in the same quarter last year.
On a standalone basis, Zuari Industries reported revenue from operations of ₹210.3 crore and an operating EBITDA of ₹22.4 crore. Profit Before Tax (PBT), before exceptional items, was ₹0.9 crore.
Sugar, Power & Ethanol Segment
The company’s sugar operations faced headwinds due to an early mill closure following a region-wide cane shortage. Domestic sugar sales fell slightly to 3.6 lakh quintals from 3.8 lakh quintals in Q1 FY25, largely due to reduced sales quota allocation. However, sugar realisation improved 4% to ₹4,036 per quintal, supported by robust demand and stable pricing.
Ethanol sales saw a marginal increase to 9,757 KL from 9,672 KL a year earlier, with higher average realisations of ₹60.7 per litre compared to ₹58.9 per litre. Power exports declined due to the early mill closure. The company reaffirmed its commitment to farmers by clearing 100% of cane dues in May 2025.
Real Estate & Infrastructure
In its real estate business, Zuari slowed land sales in response to an unfavourable local macroeconomic environment. However, its infrastructure arm, Zuari Infraworld India Ltd (ZIIL), reported a robust 58.4% YoY EBITDA growth to ₹21.7 crore. ZIIL is building a business development pipeline targeting Bangalore, Hyderabad, Kolkata, and Dubai, with the St. Regis Dubai project progressing ahead of schedule for a February 2026 completion.
Financial Services & Insurance
Zuari Finserv Ltd (ZFL) recorded an EBITDA of ₹2 crore, up 17.6% YoY, while Zuari Insurance Brokers Ltd (ZIBL) posted ₹3.2 crore, up 33.3% YoY.
The engineering division, Simon India Ltd (SIL), secured fresh orders worth ₹100 crore during the quarter, with ₹148 crore worth of projects in progress. The company is also advancing its 180 KLPD bioethanol project under Zuari Envien Bioenergy Pvt Ltd (ZEBPL), a joint venture with Envien International, which remains on track for completion in Q2 FY26.
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 seasonality. Despite this, we achieved better realisations and higher ethanol output. The St. Regis Residences project in Dubai is progressing ahead of schedule, and Simon India has strengthened its order book while advancing its digital transformation. Our bioethanol plant is on track, and our financial services are expanding reach and offerings. This year is about disciplined execution, strategic expansion, and investing in sustainability and digitalisation.”
About Zuari Industries Ltd
Zuari Industries is the flagship company of the Adventz Group, with interests spanning agrochemicals, engineering & infrastructure, real estate & lifestyle, biofuels, and services. Its diverse portfolio includes sugar production, green energy, premium real estate, engineering services, financial services, and insurance broking. With a legacy of over five decades, the company has built a strong brand presence in both rural and urban markets.
