Dwarikesh Sugar Reports Q1 FY27 Loss of ₹25.73 Cr
Dwarikesh Sugar Industries Ltd. announced its unaudited financial results for Q1 FY27, reporting a Loss After Tax (LAT) of ₹25.73 crore, a significant increase from the ₹9.38 crore loss in Q1 FY26. The company's Loss Before Tax (LBT) also widened to ₹34.38 crore from ₹13.03 crore year-on-year. Total income decreased to ₹360.07 crore from ₹405.97 crore in the same period. The financial performance was impacted by lower contributions from sugar and ethanol segments, absence of by-product sales, and the sale of high-cost opening inventory. Sugar realizations improved, but this was offset by increased production costs. Ethanol profitability was affected by lower production and sales, leading to higher per-liter costs. Ex-factory sugar prices are expected to remain firm due to balanced supply-demand and potential weather uncertainties.
Key Highlights
- Q1 FY27 Loss After Tax (LAT) at ₹25.73 Cr vs ₹9.38 Cr in Q1 FY26.
- Total Income declined to ₹360.07 Cr in Q1 FY27 from ₹405.97 Cr.
- Sugar realizations improved, but margins were squeezed by high-cost inventory.
- Ethanol segment impacted by lower production and sales, increasing costs.
- Company outlook is cautiously optimistic due to firming sugar prices.
Price Impact
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