Board Meeting Details
The meeting of the Board of Directors was held on Tuesday, July 14, 2026. It commenced at 11:40 AM (IST) and concluded at 12:25 PM (IST).
Key Approvals and Decisions
- Approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
- Considered and decided not to declare an interim dividend.
- Approved the appointment of M/s Grant Thornton Bharat LLP (LLPIN: AAA-7677) as the Internal Auditor for the financial year 2026-27.
Standalone Financial Results (₹ Crore)
| Particulars | Quarter Ended 30-Jun-26 (Unaudited) | Quarter Ended 31-Mar-26 (Audited) | Quarter Ended 30-Jun-25 (Unaudited) | Year Ended 31-Mar-26 (Audited) |
| Total Income | 940.50 | 712.94 | 789.77 | 2,984.15 |
| Profit/(Loss) Before Tax (Continuing) | (16.15) | 60.59 | (17.50) | 50.44 |
| Tax Expense | (4.01) | 22.45 | (6.04) | 19.18 |
| Profit/(Loss) After Tax (Continuing) (A) | (12.14) | 38.14 | (11.46) | 31.26 |
| Profit/(Loss) After Tax (Discontinued) (B) | 50.54 | 7.86 | (7.91) | (6.29) |
| Net Profit/(Loss) (A+B) | 38.40 | 46.00 | (19.37) | 24.97 |
| Total Comprehensive Income | 47.67 | 119.37 | (25.01) | 38.40 |
| Paid-up Equity Share Capital | 66.39 | 66.39 | 66.39 | 66.39 |
Standalone Earnings Per Share (EPS) (₹)
| Particulars | Quarter Ended 30-Jun-26 | Quarter Ended 31-Mar-26 | Quarter Ended 30-Jun-25 | Year Ended 31-Mar-26 |
| From Continuing Operations (Basic) | (1.84) | 5.78 | (1.72) | 4.74 |
| From Discontinued Operations (Basic) | 7.68 | 1.19 | (1.20) | (0.96) |
| Total (Basic) | 5.84 | 6.97 | (2.92) | 3.78 |
Discontinued Operations - Sale of Meerganj Unit
- The Company sold its sugar manufacturing undertaking in Meerganj, Bareilly (Uttar Pradesh) on a slump sale basis.
- The aggregate consideration was ₹305.00 Crores.
- Shareholder approval was obtained in an EGM held on May 18, 2026.
- The unit was transferred with effect from June 18, 2026, and the full consideration has been received.
- This transaction resulted in a gain of ₹63.89 Crores on the sale of the undertaking.
- The operations of the Meerganj unit have been classified as Discontinued Operations for all periods presented.
Consolidated Financial Results (₹ Crore)
| Particulars | Quarter Ended 30-Jun-26 (Unaudited) | Quarter Ended 31-Mar-26 (Audited) | Quarter Ended 30-Jun-25 (Unaudited) | Year Ended 31-Mar-26 (Audited) |
| Total Income | 919.77 | 700.90 | 752.13 | 3,012.25 |
| Profit/(Loss) Before Tax (Continuing) | (18.29) | 60.85 | (20.88) | 51.05 |
| Tax Expense/(Income) | (4.54) | 22.44 | (6.79) | 19.58 |
| Profit/(Loss) After Tax (Continuing) (A) | (13.75) | 38.41 | (14.09) | 31.47 |
| Profit/(Loss) After Tax (Discontinued) (B) | 50.54 | 7.86 | (7.91) | (6.29) |
| Net Profit/(Loss) (A+B) | 36.79 | 46.27 | (22.00) | 25.18 |
| Total Comprehensive Income | 36.78 | 49.31 | (22.05) | 27.84 |
Consolidated Earnings Per Share (EPS) (₹)
| Particulars | Quarter Ended 30-Jun-26 | Quarter Ended 31-Mar-26 | Quarter Ended 30-Jun-25 | Year Ended 31-Mar-26 |
| From Continuing Operations (Basic) | (2.09) | 5.82 | (2.11) | 4.77 |
| From Discontinued Operations (Basic) | 7.68 | 1.19 | (1.20) | (0.96) |
| Total (Basic) | 5.59 | 7.01 | (3.31) | 3.81 |
Segment-wise Performance (Standalone) for Q1 FY27
- Sugar: Revenue of ₹371.32 Cr; Segment Result (Profit) of ₹2.49 Cr.
- Bio Fuels & Spirits: Revenue of ₹80.78 Cr; Segment Result (Profit) of ₹6.60 Cr.
- Country Liquor: Revenue of ₹489.08 Cr; Segment Result (Profit) of ₹3.45 Cr.
Auditor's Review
- The unaudited financial results were subjected to a limited review by the statutory auditors, M/s Mittal Gupta & Co. (FRN: 001874C).
- The auditors issued an unmodified review report, stating that nothing has come to their attention causing them to believe that the statement contains any material misstatement.
Other Key Information
- The figures for the quarter ended March 31, 2026, are balancing figures between the audited annual figures and the published unaudited nine-month figures.
- The performance for the quarter may not be representative of annual performance due to the seasonal nature of the sugar industry.
- The company has three wholly-owned subsidiaries: Sonitron Bio Organics Private Limited, Dhampur International Pte. Limited, and DBOL International Food & Beverages Trading FZE.