Uttam Sugar Mills Limited has announced its financial results for the quarter ended December 31, 2025, showcasing mixed performance with strong revenue growth offset by margin compression. The sugar manufacturer reported significant operational improvements in its nine-month performance while facing quarterly profitability challenges.

Quarterly Financial Performance

The company's Q3FY26 standalone results revealed robust revenue expansion alongside margin pressures. Total revenue increased substantially to ₹495.79 crore compared to ₹404.82 crore in Q3FY25, representing a growth of 22.47%. However, profitability metrics showed a different trend with EBITDA declining to ₹56.80 crore from ₹62.76 crore in the corresponding quarter of the previous year.

The consolidated results for Q3FY26 showed similar trends with total revenue reaching ₹523.27 crore, up 22.87% from ₹425.89 crore in Q3FY25. EBITDA on a consolidated basis stood at ₹59.46 crore compared to ₹61.26 crore in the previous year.

Nine-Month Performance Highlights

The nine-month period demonstrated stronger overall performance with significant improvements across key financial metrics. Standalone revenue for 9M FY26 grew 33.15% to ₹1,662.63 crore from ₹1,248.67 crore in 9M FY25. EBITDA increased 25.96% to ₹133.33 crore, while PAT more than doubled to ₹47.17 crore from ₹23.31 crore.

Operational Performance

The company's operational metrics showed positive momentum across its key business segments. Sugar production for 9M FY26 reached 15.14 lakh quintals compared to 13.57 lakh quintals in 9M FY25. Sugar sales increased significantly to 30.45 lakh quintals from 24.25 lakh quintals, with realization improving to ₹4,118 per quintal from ₹3,948 per quintal.

The distillery division demonstrated strong performance with production increasing to 596.33 lakh BL from 392.29 lakh BL in the corresponding period. Distillery sales reached 598.47 lakh BL with realization at ₹56.03 per liter. Power export also grew substantially to 538.81 lakh KWH from 423.54 lakh KWH in 9M FY25.

Manufacturing Capabilities

Uttam Sugar Mills operates four manufacturing units across Uttarakhand and Uttar Pradesh with a combined sugarcane crushing capacity of 27,000 TCD. The company's distillery capacity stands at 350 KLPD, while power generation capacity totals 122 MW. The Barkatpur unit represents the largest facility with 8,500 TCD crushing capacity and 288 KLPD distillery capacity.

Branded and Specialty Division Growth

The company's branded and specialty sugar division continued its growth trajectory with average monthly sales reaching 60,816 quintals in FY26, compared to 51,728 quintals in FY25. This division offers a diverse product portfolio including pharmaceutical-grade sugar, liquid sugar, natural brown sugar, and various specialty products catering to both B2B and B2C markets.

Uttam Sugar Mills' Q3FY26 results reflect the company's ability to drive revenue growth while navigating margin pressures in a competitive market environment. The strong nine-month performance indicates underlying business strength despite quarterly challenges.

Uttam Sugar Mills Limited , a prominent player in the Indian sugar industry, has reported a remarkable turnaround in its financial performance for the second quarter of the fiscal year. The company has successfully reversed its fortunes, posting a consolidated net profit of 10.00 crore rupees, a significant improvement from the loss of 14.54 crore rupees recorded in the same period last year.

Revenue Growth and Margin Improvement

The company's revenue witnessed substantial growth, increasing to 581.00 crore rupees from 400.00 crore rupees year-over-year. This 45.25% jump in revenue underscores Uttam Sugar Mills' ability to capitalize on market opportunities and expand its operations effectively.

The company also reported a notable improvement in its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which surged to 22.90 crore rupees from 3.10 crore rupees in the corresponding quarter last year. This resulted in a significant enhancement of the EBITDA margin, which rose to 3.94% from 0.77%, indicating improved operational efficiency and cost management.

Segment-wise Performance

The company's financial results reveal strong performances across its key business segments:

1. Sugar Segment: Remained the primary revenue generator, contributing 512.19 crore rupees to the total revenue.
2. Distillery Segment: Showed impressive growth, with revenue of 114.99 crore rupees, up from 66.72 crore rupees in the same quarter last year.
3. Cogeneration Segment: Although smaller in scale, it contributed 7.72 crore rupees to the overall revenue.

Financial Position

As of September 30, Uttam Sugar Mills reported:

The company's balance sheet reflects a solid financial position, with a healthy mix of assets and manageable liabilities.

Dividend Declaration

Uttam Sugar Mills has declared dividends for its shareholders. The company announced a 25% dividend, amounting to 2.50 rupees per equity share of 10.00 rupees each for the year ended March 31.

Regulatory Update

The company also noted a positive impact from regulatory changes. The Uttar Pradesh Electricity Regulatory Commission's revised power tariff has resulted in an increase of 6.84 crore rupees in revenue from operations for the current quarter.

Conclusion

Uttam Sugar Mills' Q2 results demonstrate a strong recovery and improved operational performance across its business segments. The company's ability to turn a profit, coupled with its revenue growth and margin improvement, positions it well for the coming quarters. Investors and industry observers will likely keep a close watch on the company's future performance and strategic initiatives.