According to the company's unaudited financial results announced on August 11, 2026, Gayatri Sugars reported a standalone net loss of ₹19.09 crore in the quarter ended June 2026, representing a significant shift from the profit of ₹4,650.38 crore recorded in the preceding quarter (Q4 FY26). The company's performance showed a dramatic deterioration from the previous year's corresponding quarter, which had shown a profit of ₹101.14 crore. The results were approved by the Board of Directors along with the Directors' Report and notice for the upcoming 31st Annual General Meeting.
As reported in the unaudited financial results, the company's total income for Q1 FY27 was ₹2,456.26 crore, while total expenses amounted to ₹4,365.35 crore, leading to the significant net loss. This contrasts sharply with the previous quarter's performance where the company had reported a profit of ₹4,650.38 crore. The substantial increase in expenses compared to income indicates challenging market conditions or operational adjustments during the quarter.
The segment reporting reveals losses across both key business segments during Q1 FY27. The Sugar segment reported a loss of ₹1,227.47 crore, while the Distillery segment contributed ₹20.91 crore to the total segment losses. This resulted in a total segment loss before interest and tax of ₹1,248.38 crore. The company's total segment assets as of June 30, 2026, were reported at ₹46,601.94 crore, with total segment liabilities at ₹40,371.27 crore.
The company reported other comprehensive income of ₹1,918.34 crore for the quarter, which included re-measurement gains/(losses) on actuarial valuation for defined benefit obligations amounting to ₹9.25 crore. Additionally, the company has treated an estimated duty amount of ₹283.99 crore as a contingent liability related to a dismissed writ petition challenging electricity duty levy. An independent auditor's limited review report was provided by MOS & Associates LLP, which highlighted this material matter and noted they are unable to comment on the ultimate outcome of this matter.
