Sakthi Sugars Ltd. — Interim / Quarterly Report 2026

May 25, 2026

Sakthi Sugars Limited

180, Race Course Road, Post Box No. 3775, Coimbatore - 641 018. Phone: +91 422-2221551, 4322222

Fax: +91 422-4322488, 2220574 E-mail: info@sakthisugars.com CIN: L15421TZ1961PLC000396

SL/SE/506/2026

25.5.2026

Dear Sirs,

Sub: Audited Financial Results (Standalone) for the quarter and year ended 31.03.2026.

Ref: Scrip Code: NSE – SAKHTISUG, BSE - 507315

We wish to inform that the Board of Directors of the Company at its meeting held today (25.5.2026) has approved, inter alia, the Audited Financial Results of the Company for the quarter and year ended 31st March 2026.

Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following:

1. Audited Financial Results of the Company (Standalone) for the quarter and year ended March 31, 2026 together with Segment Results, Statement of Assets and Liabilities, Cash Flow Statement and a declaration under Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015, the Auditors has issued unmodified opinion on the audited standalone financial results for the quarter and year ended 31st March 2026.
2. Report of the Statutory Auditors, M/s. P.N.Raghavendra Rao & Co., Coimbatore on the Audited Financial Results.

The Board Meeting commenced at 3.45 PM and concluded at 4.30 PM.

We request you to take the above on records.

Thanking you,

Yours faithfully

For SAKTHI SUGARS LIMITED

SETHURAMAN Digitally signed by

VENKATESH SETHURAMAN VERBATESH

Date: 25/04/05 23:16:56.09 +05'30'

S. Venkatesh

Company Secretary

Encl: As above

To:

BSE Limited

Floor - 25,

P.J.Towers

Dalal Street, Fort

MUMBAI – 400 001

The National Stock Exchange of India Limited

Exchange Plaza, 5th Floor, Plot No.C/1,

G-Block, Bandra Kurla Complex,

Bandra (East)

MUMBAI – 400 051

Regd. Office: Sakthi Nagar - 638 315, Bhavani Taluk, Erode Dist., Tamilnadu. Phone (04256) 246241, 246341. Fax: 04256-246442

www.sakthisugars.com

---

SAKTHI SUGARS LIMITED

CIN: L15421TZ1961PLC000396

Regd Office: Sakthinagar PO - 638315, Erode District, Tamilnadu

(Phone: 0422 4322222, 2221551)

(E mail: shares@sakthisugars.com, Website: www.sakthisugars.com)

STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31.03.2026

(Rs. in Lakhs)

Particulars	Quarter Ended			Year Ended
	31.03.2026
(Audited)	31.12.2025
(Unaudited)	31.03.2025
(Audited)	31.03.2026
(Audited)	31.03.2025
(Audited)
1. Income
Revenue from operations	30192.41	12635.31	32183.25	89897.02	92854.06
Other Income	8032.44	115.40	4947.13	8640.09	6078.80
Total Income	38224.85	12750.71	37130.38	98537.11	98932.86
2. Expenses
Cost of material consumed	22233.98	8895.47	18112.35	58667.27	51329.34
Purchase of stock in trade	215.21	133.60	675.04	547.65	3069.89
Changes in inventories of finished goods, work-in-progress and stock in trade	(7339.88)	(467.68)	(2345.20)	(6162.09)	995.36
Employee benefits expenses	1505.70	1876.55	1392.00	6387.02	5827.94
Finance costs	2335.16	2612.65	2648.98	9841.53	10524.39
Depreciation and amortization expense	940.57	957.83	923.68	3798.29	3710.11
Other expenses	6603.43	3264.30	8089.68	21646.35	22991.04
Total Expenses	26494.17	17272.72	29496.53	94726.02	98448.07
3. Profit/(Loss) before exceptional items and tax (1-2)	11730.68	(4522.01)	7633.85	3811.09	484.79
4. Exceptional Items	--	--	--	--	(4209.41)
5. Profit/(Loss) before extraordinary items and tax (3-4)	11730.68	(4522.01)	7633.85	3811.09	4694.20
6. Extraordinary Items	--	--	--	--	--
7. Profit/Loss for the Period before tax (5-6)	11730.68	(4522.01)	7633.85	3811.09	4694.20
8. Tax expenses
Current Tax	--	--	--	--	--
Deferred tax	3080.58	(1101.57)	224.30	997.64	(3302.92)
	3080.58	(1101.57)	224.30	997.64	(3302.92)
9. Profit/Loss for the Period after tax (7-8)	8650.10	(3420.44)	7409.55	2813.45	7997.12
10. Other Comprehensive Income
i) Items that will not be reclassified to Statement of Profit and Loss	25.83	20.26	0.82	192.10	98.97
ii) Income tax expenses on the above	(6.50)	(5.10)	(0.21)	(48.35)	(24.91)
	19.33	15.16	0.61	143.75	74.06
Total Other Comprehensive Income	19.33	15.16	0.61	143.75	74.06
11. Total Comprehensive Income for the Period (9+10)	8669.43	(3405.28)	7410.16	2957.20	8071.18
12. Paid-up equity share capital (Face Value of the Shares - Rs. 10 each)	11884.90	11884.90	11884.90	11884.90	11884.90
13. Other Equity				10937.15	7979.95
14. Earnings per equity share (of Rs. 10 each) (in Rs.)
(not annualised for quarterly figures)
a. Basic	7.28	(2.88)	6.23	2.37	6.73
b. Diluted	7.28	(2.88)	6.23	2.37	6.73

S

---

SEGMENT WISE AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31.03.2026

(Rs. in Lakhs)

Particulars	Quarter Ended			Year Ended
	31.03.2026
(Audited)	31.12.2025
(Unaudited)	31.03.2025
(Audited)	31.03.2026
(Audited)	31.03.2025
(Audited)
1. Segment Revenue:-
(Sales/Income from Operations)
a) Sugar	23803.41	11479.34	28326.37	75066.22	77622.30
b) Industrial Alcohol	4190.75	3678.88	6242.76	17496.51	16926.95
c) Power	11087.36	2338.29	6995.48	24454.81	22392.82
d) Soya Products	--	--	746.41	--	3484.34
	39081.52	17496.51	42311.02	117017.54	120426.41
Less: Intersegment Revenue	8889.11	4861.20	10127.77	27120.52	27572.35
Sales/Income from Operations	30192.41	12635.31	32183.25	89897.02	92854.06
2. Segment Results:-
(Profit(+)/Loss(-) before tax and Finance Cost)
a) Sugar	378.05	(2141.53)	4276.00	(3231.30)	143.01
b) Industrial Alcohol	530.45	450.45	1291.94	2635.40	3185.94
c) Power (Refer to Note 7)	9587.47	(208.01)	611.48	10566.91	3164.36
d) Soya Products	--	--	40.02	--	188.23
	10495.97	(1899.09)	6219.44	9971.01	6681.54
Less: i) Finance Cost	2335.16	2612.65	2648.98	9841.53	10524.39
ii) Other un-allocable expenditure	12.84	16.02	402.92	55.63	444.67
	8147.97	(4527.76)	3167.54	73.85	(4287.52)
Add: Un-allocable income	3582.71	5.75	4466.31	3737.24	8981.72
Total Profit/Loss before tax	11730.68	(4522.01)	7633.85	3811.09	4694.20
3. Segment Assets:-
a) Sugar	60601.45	55234.67	80642.47	60601.45	80642.47
b) Industrial Alcohol	7546.69	6947.03	7460.38	7546.69	7460.38
c) Power	37731.03	28864.87	30009.35	37731.03	30009.35
d) Soya Products	--	52.92	372.46	--	372.46
e) Un-allocable Assets	25439.79	23300.93	22111.49	25439.79	22111.49
f) Assets Classified as held for Sale	12479.13	12479.13	12479.13	12479.13	12479.13
	143798.09	126879.55	153075.28	143798.09	153075.28
4. Segment Liabilities:-
a) Sugar	15396.99	10960.53	14489.97	15396.99	14489.97
b) Industrial Alcohol	1943.38	1936.15	3199.97	1943.38	3199.97
c) Power	11623.02	11779.95	11493.89	11623.02	11493.89
d) Soya Products	--	--	358.31	--	358.31
e) Un-allocable Liabilities	90069.30	88050.30	102770.93	90069.30	102770.93
	119032.69	112726.93	132313.07	119032.69	132313.07

Notes to the Financial Results:

1. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 25, 2026.

2. The figures for the quarters ended March 31, 2026 and March 31, 2025 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year-to-date figures up to the third quarter of the respective financial year, which were subjected to limited review.

SUGARHUSUR
A

---

1. The financial results have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ("Ind AS") prescribed under Section 133 of the Companies Act, 2013, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Regulation') as amended.

2. The Company does not have any subsidiary, associate, or joint venture entity for the respective reporting period. Accordingly, the requirement to submit consolidated financial results is not applicable.

3. The audit qualification reported in earlier periods in respect of interest receivable from an erstwhile associate has been resolved during the quarter and period ended December 31, 2025 pursuant to assignment of the said receivable. There is no impact on the financial results for the year ended March 31, 2026.

4. The Government of India notified four labour codes ("New Labour Codes") on November 21, 2025, consolidating 29 existing labour laws. In accordance with Ind AS 19 – Employee Benefits, the Company has evaluated and recognised the incremental impact on employee benefit obligations arising from the implementation of the New Labour Codes. The impact is not material to the financial results. The Company continues to monitor finalisation of the related Central and State Rules and clarifications from the Government on various aspects of the Labour Codes, and impact arising therefrom will be assessed and recognised in the respective period as applicable.

5. The Hon’ble Appellate Tribunal for Electricity (APTEL), vide judgment dated December 22, 2025, upheld the Company’s entitlement to additional tariff and carrying cost in respect of tariff revision for its co-generation units. In view of the enforceable rights arising from the APTEL judgment and consistent with the accrual basis of accounting, the Company has recognised, based on a reasonable and reliable estimate, differential tariff income of Rs. 4,410.64 lakhs under Revenue from Operations and carrying cost of Rs. 3,800.47 lakhs under Other Income for the quarter and year ended March 31, 2026, resulting in aggregate income recognition of Rs. 8,211.11 lakhs.

6. Exceptional items, represent remission of interest liability on secured borrowings as per relevant agreement net off related expenditure.

7. The statutory auditors of the Company have expressed unmodified opinion on the above financial results for the quarter and year ended March 31, 2026.

8. Due to the seasonal nature of the sugar industry, quarterly results are not representative of annual performance of the Company.

9. The figures of previous periods/year have been re-grouped/ re-classified wherever necessary.

FOR SAKTHI SUGARS LIMITED

(M. MANICKAM)
CHAIRMAN AND MANAGING DIRECTOR
DIN : 00102233

COIMBATORE
25.05.2026

---

STATEMENT OF ASSETS AND LIABILITIES

(Rs. in lakhs)

| Particulars | | As at
31.03.2026
(Audited) | As at
31.03.2025
(Audited) |
| --- | --- | --- | --- |
| A. ASSETS | | | |
| 1. NON-CURRENT ASSETS | | | |
| (a) | Property, Plant and Equipment | 74756.21 | 76672.88 |
| (b) | Capital work-in-progress | 3269.40 | 3211.04 |
| (c) | Right-of-use Assets | 24.63 | 45.73 |
| (d) | Biological assets other than bearer plants | 10.45 | 10.60 |
| (e) | Financial Assets | | |
| | i) Investments | 24645.44 | 21256.18 |
| | ii) Loans | 60.60 | 61.61 |
| | iii) Other financial assets | 928.47 | 517.60 |
| (f) | Other Non-current Assets | 1129.15 | 1061.38 |
| | Total Non-current Assets | 104824.35 | 102837.02 |
| 2. CURRENT ASSETS | | | |
| (a) | Inventories | 12112.23 | 5801.17 |
| (b) | Biological Assets | 3.59 | 7.07 |
| (c) | Financial Assets | | |
| | i) Trade receivables | 218.80 | 1604.67 |
| | ii) Cash and cash equivalents | 577.62 | 529.10 |
| | iii) Bank Balances Other than Cash and cash equivalents | 17.10 | 45.25 |
| | iv) Loans | 230.50 | 24878.29 |
| | v) Other Financial Assets | 8259.26 | 214.44 |
| (d) | Current tax assets (Net) | 559.26 | 566.87 |
| (e) | Other current assets | 4516.24 | 4112.26 |
| (f) | Assets Classified as held for Sale | 12479.14 | 12479.14 |
| | Total Current Assets | 38973.74 | 50238.26 |
| | TOTAL ASSETS (1 and 2) | 143798.09 | 153075.28 |
| B. EQUITY AND LIABILITIES | | | |
| 1. EQUITY | | | |
| (a) | Equity Share Capital | 11884.90 | 11884.90 |
| (b) | Other Equity | 10937.15 | 7979.95 |
| | Total Equity | 22822.05 | 19864.85 |
| 2. LIABILITIES | | | |
| A. NON-CURRENT LIABILITIES | | | |
| (a) | Financial Liabilities | | |
| | i) Borrowings | 61946.60 | 67162.60 |
| | ii) Lease Liabilities | 5.63 | 35.40 |
| | iii) Other Financial Liabilities | 43.74 | 48.26 |
| (b) | Provisions | 1511.36 | 1437.36 |
| (c) | Deferred tax liabilities (Net) | 1943.35 | 897.36 |
| | Total Non-Current Liabilities | 65450.68 | 69580.98 |
| B. CURRENT LIABILITIES | | | |
| (a) | Financial Liabilities | | |
| | i) Borrowings | 10043.61 | 11158.80 |
| | ii) Lease liabilities | 29.77 | 24.67 |
| | iii) Trade Payable | | |
| | a) Total outstanding dues of micro and small enterprises | 172.29 | 57.12 |
| | b) Total outstanding dues of other than (iii) (a) above | 10832.97 | 8064.82 |
| | iv) Other Financial Liabilities | 13844.28 | 20773.69 |
| (b) | Other current liabilities | 20418.89 | 23157.22 |
| (c) | Provisions | 183.55 | 393.13 |
| | Total Current Liabilities | 55525.36 | 63629.45 |
| | Total Liabilities | 120976.04 | 133210.43 |
| | TOTAL EQUITY AND LIABILITIES | 143798.09 | 153075.28 |

COIMBATORE 25.05.2026

SINGAPORE SUGARS CENTER 1966-2015

FOR SAKTHI SUGARS LIMITED

(M. MANICKAM)

CHAIRMAN AND MANAGING DIRECTOR

DIN : 00102233

---

CASH FLOW STATEMENT FOR THE YEAR ENDED 31.03.2026

(Rs. in Lakhs)

| Particulars | Year Ended
31.03.2026
(Audited) | Year Ended
31.03.2025
(Audited) |
| --- | --- | --- |
| A. CASH FLOW FROM OPERATING ACTIVITIES: | | |
| Net Profit / (Loss) before tax from Continuing Operations | 3,811.09 | 4,694.20 |
| Adjustment for: | | |
| Depreciation and amortization expense | 3,798.29 | 3,710.11 |
| Finance Costs | 9,841.53 | 10,524.39 |
| Remission of Interest/Liability | -- | (4,209.41) |
| Provision for Expected credit loss | 23.26 | 151.08 |
| (Profit) / Loss on Property, Plant and Equipment Sold / Discarded (Net) | (73.63) | (30.61) |
| Impairment loss on Non-Financial Assets | -- | 383.00 |
| (Gain) / Loss on Fair Valuation of Non Current Investment through Profit and Loss (Net) | (3,389.26) | (4,711.03) |
| Dividend Income | (10.49) | (10.25) |
| Interest Income | (233.07) | (520.93) |
| Operating Profit before Working Capital / Other Changes | 13,767.72 | 9,980.55 |
| Changes in Working Capital: | | |
| Adjustments for (Increase) / Decrease in Operating Assets: | | |
| Inventories/Biological Assets | (6,307.43) | 1,713.52 |
| Trade Receivables | 1,362.61 | (1,717.39) |
| Other Financial Assets | (8,455.69) | 260.00 |
| Other Current Assets | (396.55) | (841.07) |
| Other Non-current Assets | (66.76) | 167.01 |
| Adjustments for Increase / (Decrease) in Operating Liabilities: | | |
| Trade Payables | 2,828.48 | (5,143.77) |
| Other Financial Liabilities | (250.75) | (305.35) |
| Other Current Liabilities | (3,106.50) | 27.04 |
| Other Non-current Liabilities | 266.10 | (186.94) |
| Cash Generated from Operations | (358.77) | 3,953.60 |
| Income Tax Paid (Net) | 7.61 | 104.74 |
| Net Cash from / (used in) Operating Activities (A) | (351.16) | 4,058.34 |
| B. CASH FLOW FROM INVESTING ACTIVITIES: | | |
| Purchase of Property, Plant and Equipment | (1,920.61) | (1,480.74) |
| Proceeds from Disposal of Property, Plant and Equipment | 75.37 | 54.43 |
| Non-Current Investments (Net) | -- | 0.01 |
| Dividend received | 10.49 | 10.25 |
| Interest Income | 233.07 | 520.93 |
| Loans and Advances (Net) | (79.33) | 3,227.20 |
| Net Cash from / (used in) Investing Activities (B) | (1,681.01) | 2,332.08 |

SINGAPORE SUGARS CITY FEDERAL INSTITUTE - 141101

---

(Rs. in Lakhs)

| Particulars | Year Ended
31.03.2026
(Audited) | Year Ended
31.03.2025
(Audited) |
| --- | --- | --- |
| C. CASH FLOW FROM FINANCING ACTIVITIES: | | |
| Finance Costs Paid | (7,014.96) | (7,147.65) |
| Principal Payment of Lease Liabilities | (24.67) | (20.25) |
| Interest Paid on Lease Liabilities | (8.41) | (11.25) |
| Proceeds from Non-Current Borrowings | 16,258.31 | 8,899.02 |
| Repayment of Non-Current Borrowings | (6,683.69) | (8,708.63) |
| Proceeds from / (Repayment of) Current Borrowings (Net) | (474.04) | 540.34 |
| Net Cash from / (used in) Financing Activities (C) | 2,052.54 | (6,448.42) |
| Net Increase/(Decrease) in Cash and Cash Equivalents (A+B+C) | 20.37 | (58.00) |
| Cash and cash equivalents at the beginning of the year | 574.35 | 632.35 |
| Cash and cash equivalents at the end of the year | 594.72 | 574.35 |
| Cash and cash equivalents at the end of the year comprises of
(a) Cash on hand | 22.28 | 17.82 |
| (b) Balances with banks: | | |
| i) In Current Accounts | 555.34 | 449.86 |
| ii) Margin Money with banks / Security against borrowings | 17.10 | 106.67 |
| Cash and cash equivalents as at the end of the year | 594.72 | 574.35 |

FOR SAKTHI SUGARS LIMITED

(M. MANICKAM)

CHAIRMAN AND MANAGING DIRECTOR

DIN : 00102233

COIMBATORE

25.05.2026

---

P.N. RAGHAVENDRA RAO & CO
Chartered Accountants
Founder P.N. Raghavendra Rao
No. 23/2, Viswa Paradise Apartments IInd Floor, Kalidas Road, Ramnagar, Coimbatore - 641 009
☎: 0422 2232440, 2236997 ✉: info@pnrandco.in 🌐: www.pnrandco.in

Ref. No. ...
Date: ...

Independent Auditor's Report on Financial Results for the Quarter and Year Ended March 31, 2026

The Board of Directors of Sakthi Sugars Limited

Opinion

1. We have audited the accompanying financial results of Sakthi Sugars Limited (“the company”) for the quarter and year ended March 31, 2026, attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).

2. In our opinion and to the best of our information and according to the explanations given to us these financial results:

(a) are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and

(b) give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information for the quarter and year ended March 31, 2026.

Basis for Opinion

1. We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (“the Act”). Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

2. Emphasis of Matter

We draw attention to Note No. 7 to the financial results, wherein it is stated that the Hon’ble Appellate Tribunal for Electricity (APTEL), vide its judgment dated December 22, 2025, upheld the Company’s entitlement to additional tariff and carrying cost in respect of tariff revision for its co-generation units. In view of the enforceable rights arising from the said judgment and consistent with the accrual basis of accounting, the Company has recognised, based on a reasonable and reliable estimate, differential tariff income of Rs. 4,410.64 lakhs under

1 | 4

---

P.N. RAGHAVENDRA RAO & CO
Chartered Accountants
Founder P.N. Raghavendra Rao
No. 23/2, Viswa Paradise Apartments IInd Floor, Kalidas Road, Ramnagar, Coimbatore - 641 009
© : 0422 2232440, 2236997 ✉ : info@pnrandco.in ⚙️ : www.pnrandco.in

Ref. No. ____
Date : ____

Revenue from Operations and carrying cost of Rs. 3,800.47 lakhs under Other Income for the quarter and year ended March 31, 2026, resulting in aggregate income recognition of Rs. 8,211.11 lakhs. The APTEL has, however, remanded the matter to the Tamil Nadu Electricity Regulatory Commission (TNERC) for passing consequential orders, and accordingly the actual amounts recoverable remain subject to determination. Any difference arising upon issuance of the TNERC order will be adjusted as a change in accounting estimate in the period in which such order is passed. Our opinion is not modified in respect of this matter.

Management Responsibilities for the Financial Results

1. These financial results have been prepared on the basis of the annual financial statements. The Company's Board of Directors is responsible for the preparation and presentation of these financial results that give a true and fair view of the net loss and other comprehensive income and other financial information of the Company in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India, and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that gives a true and fair view and is free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the financial results by the Directors of the Company, as aforesaid.

2. In preparing the financial results, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

3. The Board of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of Financial Results

1. Our objectives are to obtain reasonable assurance about whether the financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance

Chartered Accountants
CBE-9
2|4

---

P.N. RAGHAVENDRA RAO & CO
Chartered Accountants
Founder P.N. Raghavendra Rao
No. 23/2, Viswa Paradise Apartments IInd Floor, Kalidas Road, Ramnagar, Coimbatore - 641 009
☎: 0422 2232440, 2236997 ✉: info@pnrandco.in 🌐: www.pnrandco.in

Ref. No. ...
Date: ...

but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial results.

1. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

(a) Identify and assess the risks of material misstatement of the financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

(b) Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.

(c) Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

(d) Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.

(e) Evaluate the overall presentation, structure and content of the financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.

P.N.RAGHAVENDRA RAO & CO
Chartered Accountants
3 | 4

---

P.N. RAGHAVENDRA RAO & CO.
Chartered Accountants
Founder P.N. Raghavendra Rao
No. 23/2, Viswa Paradise Apartments IInd Floor, Kalidas Road, Ramnagar, Coimbatore - 641 009
☎: 0422 2232440, 2236997 ✉: info@pnrandco.in ✉: www.pnrandco.in

Ref. No. ...
Date: ...

1. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

2. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matter

1. The annual financial results include the results for the quarter ended March 31, 2026, being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us. Our opinion is not modified in respect of this matter.

Coimbatore
May 25, 2026

For P N RAGHAVENDRA RAO & CO.,
Chartered Accountants
Firm Registration Number: 003328S

P R Vittel
Partner
Membership Number: 018111
UDIN: 26018111TYIJXS5539

4 | 4

---

4

Sakthi Sugars Limited

160, Race Course Road, Post Box No. 3775, Coimbatore - 641 018. Phone: +91 422-2221551, 4322222

Fax: +91 422-4322488, 2220574 E-mail: info@sakthisugars.com CIN: L1542ITZ1961PLC000396

SL\SE\501\2026

25.5.2026

BSE Limited
Floor - 25,
P. J. Towers
DalaI Street, Fort
MUMBAI - 400 001

The National Stock Exchange of India Limited
Exchange Plaza, 5th Floor, Plot No.C/1,
G-Block, Bandra Kurla Complex,5
Bandra (East)
MUMBAI - 400 051

Dear Sirs,

Sub: Declaration under Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation 2015

Ref: BSE Scrip Code: 507315 - NSE Scrip Code: SAKHTISUG

--

I, Dr.S.Veluswamy, Chief Financial Officer of the Company hereby declare that M/s. P.N.Raghavendra Rao & Co, Chartered Accountants, Statutory Auditors of the Company have issued an Audit Report with unmodified opinion on Audited Financial Results of the Company (Standalone) for the quarter and year ended March 31, 2026.

Thanking you
Yours faithfully,

Dr.S.Veluswamy
Chief Financial Officer

Regd. Office: Sakthi Nagar - 638 315, Bhavani Taluk, Erode Dist., Tamilnadu. Phone (04256) 246241, 246341. Fax: 04256-246442 www.sakthisugars.com