Dwarikesh Sugar reported Q4 FY26 PAT of ₹57.41 crore, up 24% YoY, driven by a lower effective tax rate under the new regime.
Full-year FY26 total income increased to ₹1,409.09 crore with sugar sales volume up 3% and average realization improving to ₹3,980/quintal.
Operational challenges included a ₹30/quintal SAP hike, lower cane availability affecting capacity utilization, and an 8% decline in ethanol sales volumes.
The company maintains an ICRA AA- rating and plans farmer engagement initiatives to improve cane availability for the 2026-27 season.