5428522025-10-012025-12-315428522025-12-315428522025-04-012025-12-315428522025-10-012025-12-31in-capmkt:OtherExpenses1Member5428522025-10-012025-12-31in-capmkt:OtherExpenses2Member5428522025-04-012025-12-31in-capmkt:OtherExpenses1Member5428522025-04-012025-12-31in-capmkt:OtherExpenses2Member5428522025-10-012025-12-31in-capmkt:ReportableSegments1Member5428522025-10-012025-12-31in-capmkt:ReportableSegments2Member5428522025-10-012025-12-31in-capmkt:ReportableSegments3Member5428522025-10-012025-12-31in-capmkt:ReportableSegments4Member5428522025-10-012025-12-31in-capmkt:ReportableSegments5Member5428522025-10-012025-12-31in-capmkt:ReportableSegments6Member5428522025-04-012025-12-31in-capmkt:ReportableSegments1Member5428522025-04-012025-12-31in-capmkt:ReportableSegments2Member5428522025-04-012025-12-31in-capmkt:ReportableSegments3Member5428522025-04-012025-12-31in-capmkt:ReportableSegments4Member5428522025-04-012025-12-31in-capmkt:ReportableSegments5Member5428522025-04-012025-12-31in-capmkt:ReportableSegments6Member5428522025-10-012025-12-31in-capmkt:ReportableSegments1Member5428522025-10-012025-12-31in-capmkt:ReportableSegments2Member5428522025-10-012025-12-31in-capmkt:ReportableSegments3Member5428522025-10-012025-12-31in-capmkt:ReportableSegments4Member5428522025-10-012025-12-31in-capmkt:ReportableSegments5Member5428522025-10-012025-12-31in-capmkt:ReportableSegments6Member5428522025-04-012025-12-31in-capmkt:ReportableSegments1Member5428522025-04-012025-12-31in-capmkt:ReportableSegments2Member5428522025-04-012025-12-31in-capmkt:ReportableSegments3Member5428522025-04-012025-12-31in-capmkt:ReportableSegments4Member5428522025-04-012025-12-31in-capmkt:ReportableSegments5Member5428522025-04-012025-12-31in-capmkt:ReportableSegments6Member5428522025-10-012025-12-31in-capmkt:ReportableSegments1Member5428522025-12-31in-capmkt:ReportableSegments1Member5428522025-10-012025-12-31in-capmkt:ReportableSegments2Member5428522025-12-31in-capmkt:ReportableSegments2Member5428522025-10-012025-12-31in-capmkt:ReportableSegments3Member5428522025-12-31in-capmkt:ReportableSegments3Member5428522025-10-012025-12-31in-capmkt:ReportableSegments4Member5428522025-12-31in-capmkt:ReportableSegments4Member5428522025-10-012025-12-31in-capmkt:ReportableSegments5Member5428522025-12-31in-capmkt:ReportableSegments5Member5428522025-10-012025-12-31in-capmkt:ReportableSegments6Member5428522025-12-31in-capmkt:ReportableSegments6Member5428522025-10-012025-12-31in-capmkt:ReportableSegments1Member5428522025-12-31in-capmkt:ReportableSegments1Member5428522025-10-012025-12-31in-capmkt:ReportableSegments2Member5428522025-12-31in-capmkt:ReportableSegments2Member5428522025-10-012025-12-31in-capmkt:ReportableSegments3Member5428522025-12-31in-capmkt:ReportableSegments3Member5428522025-10-012025-12-31in-capmkt:ReportableSegments4Member5428522025-12-31in-capmkt:ReportableSegments4Member5428522025-10-012025-12-31in-capmkt:ReportableSegments5Member5428522025-12-31in-capmkt:ReportableSegments5Member5428522025-10-012025-12-31in-capmkt:ReportableSegments6Member5428522025-12-31in-capmkt:ReportableSegments6Memberiso4217:INRiso4217:INRxbrli:shares542852VISHWARAJNOTLISTEDINE430N01022Vishwaraj Sugar Industries LimitedMain BoardEquity2025-04-012026-03-312026-02-122026-02-04INRLakhsQuarterlyThird quarterMulti segment2026-02-1215:40:002026-02-1216:50:00Not applicablefalsefalseNo defaults on loans and debt securities.2025-10-012025-12-31UnauditedStandalone7768350001782200079465700019867840000-1412080000762240004075500038554000131553000861790000-671330000-671330000000-671330000000-671330000-671330004356550002-0.31-0.3100-0.31-0.31Notes: <BR> 1. The Financial Results of the company have been prepared pursuant to Regulation 33 and being published pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). <BR> <BR> 2. The financial results of the company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules as amended from time to time. <BR> <BR> 3. The Financial results recommended by the Audit Committee are considered and approved by the Board of Directors at their meeting held on 12th February, 2026. <BR> <BR> 4. The Financial results have been reviewed by the Statutory Auditors of the Company as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (as amended). <BR> <BR> 5. For the quarter ending 31st December,2025 the provision has not been made for Current tax liability as per income tax act,1961 as there is loss during the reporting period. <BR> <BR> 6. Sugar being a seasonal industry, the performance of the quarter may not be representative of the annual performance of the Company. <BR> <BR> 7. Previous year/Period figures have been regrouped and recast, wherever necessary, in line with the current period presentation. <BR> <BR> 8. The results for the Quarter ending 31st December,2025 are also available on the portal of BSE Ltd., National Stock Exchange of India Ltd., and on the Company's website. <BR> <BR> 9. Disclosure of ratios: Additional information pursuant to regulation 52(4) and regulation 54(2) of securities and exchange board of india (Listing obligations and Disclosure requirements) Regulation, 2015, as amended for the quarter and year ended as follows: <BR> <BR> <BR> <- Quarter Ended -> Nine Months Ended Year ended <BR> Sr. No Particulars 31.12.2025 30.09.2025 31.12.2024 31.12.2025 31.12.2024 31.03.2025 <BR> Unudited Un Audited Un Audited Un Audited Un Audited Audited <BR> 1 Operating Margin (%)=operating profit/Revenue from operations (0.03) (0.18) 0.15 (0.08) (0.04) 0.01 <BR> 2 Net profit Margin (%)=Net profit/Revenue from operations (0.09) (0.26) 0.01 (0.14) (0.13) (0.08) <BR> 3 Interest service coverage ratio (ISCR) (In times)=EBIT/ (Interest Expense on long term and short term borrowing for the quarter/year) 0.30 (1.26) 1.33 (0.67) 0.05 0.56 <BR> 4 Debt service coverage ratio (DSCR) (In times)=EBITDA/(Interest expenses on long term and short term borrowings for the quarter/year+ schedule principal repayment of long term borriwings during the quarter/year) 0.14 (0.66) 1.62 (0.89) 0.10 0.82 <BR> 5 Debtors turnover (in times) (not annualised for the quarter)=Revenue from operations/ Average accounts receivable 3.26 2.42 2.35 11.15 7.25 12.87 <BR> 6 Inventory turnover (in times) (not annualised for the quarter)=cost of goods sold/Average inventory 0.02 (0.03) 0.09 (0.01) 0.06 0.17 <BR> 7 Debt equity ratio =Debt (current and non current portion of long term borrowings+short term borrowings)/Net worth 1.46 1.23 1.16 1.46 1.16 1.39 <BR> 8 Current ratio (in times)=current assets/current liabilities 0.88 0.88 1.10 0.88 1.10 0.92 <BR> 9 Current liabilities ratio (in times)=current liabities/Total liabilities 0.60 0.40 0.61 0.60 0.78 0.68 <BR> 10 Total debts to total assets (in times)=Debt (current and non current portion of long term borrowings+short term borrowings)/Total Assets 0.44 0.48 0.39 0.44 0.39 0.48 <BR> 11 Long term debt to working capital (in times)=(current and non current portion of long term borrowings)/ (current assets-current liabilities) (4.89) (10.32) 5.23 (4.89) 5.23 (5.19) <BR> 12 Net worth (INR in Lakhs) 24,270.99 24,963.95 27,961.07 24,270.99 26,829.11 28,047.83 <BR> <BR> <BR> <BR> For and on behalf of the Board <BR> <BR> <BR> <BR> Place: Belagavi Nikhil Katti <BR> Date:12-02-2026 Managing Director <BR> 2025-04-012025-12-31UnauditedStandalone2657821000448460002702667000200116200002916520001891950001536270001216000003231150003080351000-3776840000-3776840000000-3776840000000-3776840000-3776840004356550002-1.73-1.7300-1.73-1.73Other Manufacturing expenses101133000Other Expenses30420000Other Manufacturing expenses249514000Other Expenses73601000Sugar544043000Co-generation91192000Distellary123706000IML0Vinegar Unit23892000Other2439000Sugar1687060000Co-generation132560000Distellary761526000IML0Vinegar Unit84195000Other308500078527200026684260007852720002668426000Sugar-926197000Co-generation99180000Distellary819809000IML4959000Vinegar Unit26470000Other0Sugar-972816000Co-generation46760000Distellary651753000IML14302000Vinegar Unit77181000Other024221000-182820000407550001536270005059900041238000-67133000-377685000Sugar3145787000Co-generation604425000Distellary3759926000IML33093000Vinegar Unit227547000Other077707780002998460008070624000Sugar3381484000Co-generation2061000Distellary1514732000IML0Vinegar Unit10087000Other3162260000807062400008070624000000000