Bajaj Hindusthan Sugar loss widens to ₹121 crore, sells Singapore unit
In short
Bajaj Hindusthan Sugar reported a consolidated net loss of ₹121 crore for Q2 FY27. That compares with a loss of ₹105 crore a year ago, while revenue fell 16.3% to ₹968.4 crore.
The company also approved the sale of its Singapore subsidiary for $6.26 million. After that, two Indonesian step-down subsidiaries will stop being subsidiaries.
What the reporting says
Bajaj Hindusthan Sugar reported a consolidated net loss of ₹121 crore for Q2 FY27, wider than ₹105 crore a year ago. Revenue fell 16.3% to ₹968.4 crore. The company also approved the sale of its Singapore subsidiary for $6.26 million, after which two Indonesian step-down subsidiaries will cease to be subsidiaries.
Why it matters
Bajaj Hindusthan Sugar posted a wider Q2 FY27 consolidated net loss of ₹121 crore and a 16.3% drop in revenue to ₹968.4 crore, compared with the prior year. Separately, it approved the sale of its Singapore subsidiary for $6.26 million. Following that transaction, two Indonesian step-down subsidiaries will also cease to be subsidiaries, indicating a change in the group structure.