Dhampur Sugar Mills Limited reported a consolidated net profit of ₹6.09 crore for the quarter ended June 30, 2026, marking a substantial year-on-year increase of 569% from the ₹0.91 crore profit recorded in Q1FY26. The company’s total income from operations grew to ₹792.01 crore in the current quarter, compared to ₹748.73 crore in the corresponding period of the previous fiscal year. This sharp improvement in profitability, despite moderate revenue growth, signals stronger cost management and favorable pricing dynamics in the sugar segment during the initial months of FY27.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in meetings held on July 31, 2026. The joint statutory auditors carried out a limited review of these unaudited financial results. The company published the advertisement containing these results in Business Standard (English and Hindi Edition) on August 1, 2026, pursuant to Regulation 47 of the SEBI (LODR) Regulations, 2015. The full format of the standalone and consolidated financial results is available on the stock exchange websites and the company’s website.

Consolidated Financial Performance

The profit before tax surged to ₹8.24 crore from ₹1.30 crore in the same quarter last year. Earnings per equity share (basic) stood at ₹0.94 per share, up significantly from ₹0.13 per share in Q1FY26. The total comprehensive income for the period was ₹5.53 crore, compared to ₹0.53 crore in the previous year’s corresponding quarter.

Standalone Results

On a standalone basis, Dhampur Sugar Mills reported total revenue of ₹791.26 crore, an increase from ₹748.63 crore in Q1FY26. The standalone profit after tax was ₹5.31 crore, rising from ₹0.72 crore in the prior year. The standalone profit before tax was ₹7.46 crore, compared to ₹1.11 crore previously. Other comprehensive income showed a loss of ₹0.56 crore, whereas it was a loss of ₹0.38 crore in Q1FY26.

What the Numbers Show

The sharp contrast between the current quarter’s net profit and the prior year’s figure highlights a significant turnaround in profitability. While revenue growth was moderate at approximately 5.8%, the expansion in profit margins suggests improved cost management or favorable pricing dynamics in the sugar segment during the early part of the new fiscal year. The paid-up equity share capital remained unchanged at ₹64.30 crore.

Dhampur Sugar Mills reported a significant turnaround in its consolidated financial results for Q1FY27, with net profit attributable to shareholders surging to ₹6.03 crore from ₹0.85 crore in the corresponding quarter of FY26. The company’s profit before tax (PBT) rose sharply to ₹8.24 crore from ₹1.30 crore year-on-year, reflecting improved operating efficiencies and favorable pricing in key segments. Consolidated revenue from operations increased by 6.1% to ₹786.17 crore from ₹740.68 crore, supported by higher sugar sales volumes and better realizations.

The improvement in profitability was primarily driven by the sugar business, which returned to positive EBIT of ₹7.52 crore from a loss of ₹3.10 crore in Q1FY26. This reversal was aided by an increase in sugar sales to 0.85 lakh tons from 0.80 lakh tons and a rise in average realization to ₹41,202 per ton from ₹39,999 per ton. Additionally, the ethanol segment contributed positively with an EBIT of ₹10.68 crore, up from ₹8.76 crore, due to lower production costs for maize-based ethanol. The chemicals business also saw margin expansion, with EBIT rising to ₹4.72 crore from ₹1.54 crore.

Segment-Wise Performance

The company’s diversified business portfolio showed mixed trends, with sugar and chemicals leading the growth while power exports declined due to early closure of the crushing season.

Note: Potable spirits revenue is net of excise duty.

Sugar accounted for 64.63% of total revenue in Q1FY27, up from 61.09% in Q1FY26. The ethanol segment saw a decline in sales volume to 151.53 lakh base liters (BL) from 182.39 lakh BL, though margins improved. Power exports dropped significantly to 0.36 crore units from 0.95 crore units, impacting the segment’s EBIT to ₹0.90 crore from ₹5.48 crore.

Operational Highlights

Key operational metrics for Q1FY27 reflect seasonal variations and strategic shifts in feedstock usage:

• Sugar: Cane crushed was 0.44 lakh tons vs. 1.70 lakh tons in Q1FY26. Gross recovery stood at 10.68% vs. 12.60%. Inventory reduced to 0.99 lakh tons from 1.27 lakh tons.
• Ethanol: Total production was 161.57 lakh BL vs. 177.10 lakh BL. Maize-based ethanol production declined to 63.17 lakh BL from 79.21 lakh BL, while rice-based ethanol production added 22.72 lakh BL.
• Chemicals: Sales volume increased to 86.48 lakh kg from 78.52 lakh kg, contributing to higher margins.
• Power: Generation was 1.87 crore units vs. 3.13 crore units. Realization decreased slightly to ₹4.40 per unit from ₹4.44 per unit.

What the Numbers Show

The most striking aspect of Dhampur Sugar Mills’ Q1FY27 performance is the decoupling of revenue growth from profit growth. While revenue grew modestly by 6.1%, net profit surged over sixfold. This divergence highlights significant operating leverage gained through cost management in ethanol and chemicals, alongside pricing power in sugar. The return to profitability in the sugar segment after a loss-making quarter last year underscores the impact of higher realizations and efficient inventory management. However, the decline in power exports and ethanol volumes indicates potential headwinds in these segments, suggesting that future growth will depend heavily on sustaining sugar margins and expanding chemical sales.

The company’s consolidated EBITDA margin expanded to 4.72% from 4.17%, while PAT margin improved to 0.77% from 0.12%. Cash profit rose to ₹18.66 crore from ₹14.34 crore, indicating strong underlying cash generation despite the seasonal nature of the business.