Piccadily Agro Industries Reports FY26 Revenue of INR1,143 Crores, Plans Sugar Business Demerger
Published on: May 2, 2026, 11:46 a.m. | Source: scanx.trade
Piccadily Agro Industries Limited reported strong financial performance for FY26 with standalone revenue growing 28% year-on-year to INR1,143 crores, crossing the INR1,000 crores milestone. The company's Alco-Bev business led the growth, increasing 42% to INR908 crores, while profit after tax rose 33% to INR140 crores. Management has filed a scheme of demerger for the sugar business to focus exclusively on Alco-Bev operations and expects 60-70% revenue growth in FY27, driven by expanded capacities and new product launches. The company also announced a change in statutory auditor from Jain Associates to Rattan Kaur & Associates.
