{"url":"https://newsforagent.com/news/2026-11-14/parvati-sweetners-q2-net-loss-narrows","markdown_url":"https://newsforagent.com/news/2026-11-14/parvati-sweetners-q2-net-loss-narrows.md","title":"Parvati Sweetners Narrows Q2 Net Loss to ₹203.05 Lakh","headline":"Parvati Sweetners Cuts Q2 Net Loss to ₹203.05 Lakh as Revenue Jumps to ₹1,373.34 Lakh","description":"Parvati Sweetners narrowed its Q2 net loss to ₹203.05 lakh from ₹333.18 lakh a year earlier, as revenue from operations rose to ₹1,373.34 lakh from ₹15.84 lakh.","section":"Earnings & Results","published_at":"2026-11-14T17:48:49+00:00","modified_at":"2026-11-14T17:48:49+00:00","author":"News Desk","key_takeaways":["Parvati Sweetners reported a Q2FY27 net loss of ₹203.05 lakh, down from ₹333.18 lakh in Q2FY26.","Revenue from operations rose to ₹1,373.34 lakh in Q2FY27 from ₹15.84 lakh a year earlier.","The company received a ₹648 lakh capital subsidy from the Madhya Pradesh Industrial Development Corporation for factory expansion."],"companies":[{"name":"Parvati Sweetners And Power Lt","is_primary":true,"profile_url":null,"website":"https://www.parvatisweetners.com"},{"name":"Madhya Pradesh State Industrial Development Corporation Limited (Mpsidc)","is_primary":false,"profile_url":"https://akta.pro/company-profiles/004xe95/madhya-pradesh-state-industrial-development-corporation-limited-mpsidc","website":"https://mpsidc.com"}],"source":{"publisher":"ScanX","title":"Parvati Sweetners Q2FY27 Results: Net loss narrows to ₹203.05 lakh YoY","url":"https://scanx.trade/stock-market-news/companies/parvati-sweetners-q2fy27-results-net-loss-narrows-203-05-lakh-yoy/56220975"},"other_sources":[],"tags":["Earnings & Results","Parvati Sweetners And Power Lt","Madhya Pradesh State Industrial Development Corporation Limited (Mpsidc)"],"body_markdown":"Parvati Sweetners & Power reported a net loss of ₹203.05 lakh for the quarter ended September 30, 2026, narrowing from ₹333.18 lakh in the same quarter a year earlier, as revenue from operations rose to ₹1,373.34 lakh from ₹15.84 lakh. [ScanX](https://scanx.trade/stock-market-news/companies/parvati-sweetners-q2fy27-results-net-loss-narrows-203-05-lakh-yoy/56220975) reported that the board approved the standalone unaudited results on November 14, 2026.\n\n## Parvati Sweetners' Q2 Revenue and Cost Shift\n\nTotal revenue for Q2FY27 was ₹1,380.56 lakh, against ₹23.69 lakh in Q2FY26. Total expenses rose to ₹1,582.15 lakh from ₹367.23 lakh, driven by purchase of stock in trade of ₹1,361.62 lakh and depreciation and amortisation of ₹127.12 lakh. Finance costs fell to ₹38.03 lakh from ₹60.32 lakh.\n\nFor the half year ended September 30, 2026, total revenue was ₹4,960.71 lakh against ₹302.30 lakh in H1FY26, and the net loss narrowed to ₹171.34 lakh from ₹683.45 lakh. Basic and diluted earnings per share for H1FY27 stood at -0.11, compared with -0.46 a year earlier.\n\nTotal assets were ₹13,154.31 lakh as at September 30, 2026, against ₹15,086.00 lakh as at March 31, 2026. Inventories declined to ₹6,216.38 lakh from ₹7,767.23 lakh, and trade payables fell to ₹169.56 lakh from ₹1,217.72 lakh. Net cash generated from operating activities for H1FY27 was ₹305.44 lakh.\n\nThe company said it received a capital subsidy of ₹648 lakh from the [Madhya](https://akta.pro/company-profiles/004xe95/madhya-pradesh-state-industrial-development-corporation-limited-mpsidc) Pradesh Industrial Development Corporation for expansion of its factory unit, deducted from the carrying amount of the relevant asset under Ind AS 20. Parvati Sweetners operates in a single segment, the manufacturing of sugar.\n\n## Vedshree Stake Approval at Parvati Sweetners' AGM\n\nShareholders at the 15th Annual General Meeting on September 29, 2026 approved the acquisition of a 51% stake in Vedshree Food Industries Private Limited for ₹6 crore, ScanX reported. The special resolution passed with 99.9979% of votes in favour, covering 5,100 equity shares.\n\nThe same meeting approved the re-appointment of Poonam Chouksey as Managing Director for three years, with remuneration limits set under Schedule V of the Companies Act, 2013. ScanX reported on September 7, 2026 that the AGM would seek approval for the Vedshree deal, described as a related-party transaction.\n\n## Vedshree Clearances Still Pending\n\nParvati Sweetners said it is securing approvals from relevant government authorities to complete the procedural steps in the Share Purchase Agreement for Vedshree Food Industries. The company said it will inform the stock exchange of further material developments or the final completion of the deal.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}