ICRA Report projects 5-8% revenue growth for sugar mills in FY26

A report by rating agency ICRA predicts that sugar mills will see a 5-8% revenue growth in fiscal year 2026 due to improved cane supply, though margins are expected to remain stable as cane prices rise and ethanol prices stagnate.

14 Mar, 01:40 — 14 Mar, 01:40

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hinduMostly Factual22d ago

Sugar mills to report 5-8% revenue growth in FY26 on better cane supply: ICRA Report

However, margins are likely to remain broadly stable as cane prices have increased, while ethanol prices have remained largely stagnant, rating agency ICRA said in the report

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ICRA Report projects 5-8% revenue growth for sugar mills in FY26

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Sugar mills to report 5-8% revenue growth in FY26 on better cane supply: ICRA Report

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