Indian Sucrose Q1 Results: Net Profit Falls 81% To ₹3.6 Lakh
Indian Sucrose Limited reported a 33% YoY revenue drop to ₹574.8 lakh and an 81% plunge in net profit to ₹3.6 lakh for Q1FY26. The decline reflects seasonal lows in its sugar and power segments. Full-year FY26 revenue was ₹5,275.7 lakh with a net profit of ₹311 lakh.

*this image is generated using AI for illustrative purposes only.
Indian Sucrose Limited reported a significant contraction in both revenue and profitability for the quarter ended June 30, 2026. The company’s total income from operations fell 33% year-on-year to ₹574.8 lakh, down from ₹860 lakh in the corresponding period of FY25. This decline aligns with the seasonal nature of its core sugar and power businesses, which typically see subdued activity in the first quarter.
Net profit for the period before tax dropped 80% to ₹5.2 lakh, compared to ₹26.4 lakh in Q1FY25. After accounting for taxes, the net profit for the period stood at ₹3.6 lakh, a steep fall from ₹19.7 lakh recorded a year earlier. Earnings per share (EPS) declined to ₹0.21 from ₹1.14 in the prior year quarter.
Financial Performance
The company’s financial results highlight the volatility inherent in its seasonal operations. While revenue declined significantly, the company maintained a positive bottom line, albeit at a much-reduced level compared to the previous year.
| Metric | Q1FY26 (₹ Lakh) | Q1FY25 (₹ Lakh) | Change |
|---|---|---|---|
| Total Income from Operations | 574.8 | 860.0 | -33% |
| Net Profit Before Tax | 5.2 | 26.4 | -80% |
| Net Profit After Tax | 3.6 | 19.7 | -81% |
| EPS (Basic) | ₹0.21 | ₹1.14 | -81% |
For the full fiscal year ended March 31, 2026, Indian Sucrose reported total income of ₹5,275.7 lakh and a net profit after tax of ₹311 lakh. The annual EPS was ₹17.90, indicating that the majority of the company’s earnings are concentrated in quarters other than Q1.
What the Numbers Show
The divergence between the quarterly performance and the full-year results underscores the seasonal dependency of Indian Sucrose’s business model. With Q1FY26 contributing only 11% of the annual revenue but just 1% of the annual net profit, the company’s profitability is heavily skewed towards other periods, likely driven by sugar harvest cycles and power demand patterns. Investors should note that the Q1 performance is not representative of the annual outlook.
Board Approval and Notes
The unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors in a meeting held on August 14, 2026. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The auditors have conducted a limited review of the financial results for the quarter.
The company noted that previous period figures have been regrouped or rearranged wherever considered necessary to ensure comparability with the current period’s classification. The full format of the unaudited financial results is available on the Bombay Stock Exchange website and the company’s official website.
Historical Stock Returns for Indian Sucrose
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.47% | -1.98% | +0.55% | +0.84% | -22.59% | +38.73% |
How might the upcoming sugar harvest season impact Indian Sucrose's revenue trajectory in Q2 and Q3 of FY26?
What specific strategies is management implementing to mitigate the volatility caused by the heavy seasonal concentration of profits?
Will the company adjust its dividend policy or capital expenditure plans given the sharp decline in Q1 earnings compared to the prior year?


































