Dwarikesh Sugar Industries Reports Net Loss of ₹25.73 Crore in Q1 FY27; Total Revenue at ₹358.13 Crore

Integrated sugar producer Dwarikesh Sugar Industries Limited has disclosed its unaudited financial results for the first quarter ended June 30, 2026. The company recorded a net loss after tax of ₹2,573.13 lakh (₹25.73 crore) for Q1 FY27, compared to a net loss of ₹938.41 lakh (₹9.38 crore) in the corresponding quarter of the previous fiscal year (Q1 FY26).

Financial Performance Overview

Revenue & Income

Revenue from Operations: Stood at ₹35,813.14 lakh (₹358.13 crore) for Q1 FY27, compared to ₹40,546.52 lakh in Q1 FY26 and ₹42,542.55 lakh in the preceding quarter ended March 31, 2026 (Q4 FY26).

Other Income: Recorded at ₹194.01 lakh, up from ₹50.12 lakh in Q1 FY26 and ₹131.12 lakh in Q4 FY26.

Total Income: Totaled ₹36,007.15 lakh for the quarter under review, against ₹40,596.64 lakh in Q1 FY26 and ₹42,673.67 lakh in Q4 FY26.

Profitability & Margins

Profit / (Loss) Before Tax (PBT): Came in at a loss of ₹(3,437.63) lakh for Q1 FY27, compared to a loss of ₹(1,302.97) lakh in Q1 FY26 and a profit of ₹8,170.06 lakh in Q4 FY26. No exceptional items were recorded during the quarter.

Tax Expenses: The company recognized a deferred tax credit of ₹(864.50) lakh, bringing total tax benefits to ₹(864.50) lakh compared to ₹(364.56) lakh in Q1 FY26.

Net Profit / (Loss) After Tax (PAT): Reported at a loss of ₹(2,573.13) lakh for the quarter, compared to a net loss of ₹(938.41) lakh in Q1 FY26 and a net profit of ₹5,740.95 lakh in Q4 FY26.

Total Comprehensive Income / (Loss): Stood at a loss of ₹(2,573.13) lakh for Q1 FY27.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter stood at ₹(1.39) per equity share of face value ₹1 each (unannualised), compared to ₹(0.51) in Q1 FY26 and ₹3.10 in Q4 FY26.

Segment Revenue & Results

1. Sugar Segment

Segment Revenue: ₹32,056.64 lakh (vs ₹31,419.33 lakh in Q1 FY26 and ₹39,720.77 lakh in Q4 FY26)

Segment Result (Loss): Loss of ₹(2,824.21) lakh (vs a loss of ₹(1,887.46) lakh in Q1 FY26 and profit of ₹6,598.35 lakh in Q4 FY26)

Segment Assets: ₹59,371.64 lakh as of June 30, 2026 (vs ₹91,222.48 lakh as of March 31, 2026)

Segment Liabilities: ₹6,874.81 lakh as of June 30, 2026 (vs ₹7,123.03 lakh as of March 31, 2026)

2. Distillery Segment

Segment Revenue: ₹4,825.82 lakh (vs ₹13,365.73 lakh in Q1 FY26 and ₹13,196.62 lakh in Q4 FY26)

Segment Result (Loss): Loss of ₹(238.92) lakh (vs a profit of ₹1,594.13 lakh in Q1 FY26 and ₹2,334.17 lakh in Q4 FY26)

Segment Assets: ₹29,453.49 lakh as of June 30, 2026 (vs ₹35,976.41 lakh as of March 31, 2026)

Segment Liabilities: ₹56.74 lakh as of June 30, 2026 (vs ₹151.41 lakh as of March 31, 2026)

Inter-segment sugar revenue elimination for the quarter stood at ₹1,068.32 lakh, leading to total operational revenue of ₹35,813.14 lakh. Total segment losses before interest and corporate overheads totaled ₹(3,063.13) lakh.

Expense Structure

Total expenses for the quarter ended June 30, 2026, were ₹39,444.78 lakh, compared to ₹41,899.61 lakh in Q1 FY26 and ₹34,503.61 lakh in Q4 FY26.

Key expense line items included:

Changes in Inventories (Finished Goods, WIP & Stock-in-Trade): ₹33,252.16 lakh (vs ₹32,236.54 lakh in Q1 FY26)

Employee Benefits Expense: ₹2,488.92 lakh (vs ₹2,541.86 lakh in Q1 FY26)

Other Expenses: ₹2,142.50 lakh (vs ₹2,722.00 lakh in Q1 FY26)

Depreciation & Amortisation Expenses: ₹763.45 lakh (vs ₹1,206.28 lakh in Q1 FY26)

Purchases of Stock-in-Trade: ₹407.08 lakh (vs ₹522.96 lakh in Q1 FY26)

Finance Costs: ₹298.06 lakh (vs ₹510.44 lakh in Q1 FY26)

Cost of Materials Consumed: ₹92.61 lakh (vs ₹2,130.52 lakh in Q1 FY26)

Balance Sheet Position

As of June 30, 2026, Dwarikesh Sugar Industries Limited maintained a paid-up equity share capital of ₹1,853.01 lakh (comprising equity shares with a face value of ₹1 each).

Total Assets: Stood at ₹1,00,731.67 lakh (including ₹11,906.54 lakh in unallocable corporate assets), compared to ₹1,29,770.72 lakh as of March 31, 2026.

Total Liabilities: Stood at ₹20,431.42 lakh (including ₹13,499.87 lakh in unallocable corporate liabilities), down from ₹46,899.32 lakh as of March 31, 2026.

Shares of Dwarikesh Sugar Industries Limited was last trading in BSE at Rs. 36.65 as compared to the previous close of Rs. 38.03. The total number of shares traded during the day was 300575 in over 1065 trades.

The stock hit an intraday high of Rs. 38.11 and intraday low of 36.50. The net turnover during the day was Rs. 11086883.00.

Source : Equity Bulls

Keywords

DwarikeshSugarIndustries INE366A01041 Q1FY27 Q1FY2027 ResultUpdate