Ugar Sugar Works achieved a significant financial turnaround in the June 2026 quarter, reporting a standalone net profit of ₹1.49 crore compared to a net loss of ₹13.73 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this represents a complete reversal of the company's financial position, marking a substantial improvement in operational performance.
The company demonstrated strong revenue growth with sales rising 34.11% to ₹477.88 crore in the quarter ended June 2026, as compared to ₹356.34 crore during the same period in the previous year. As reported by Business Standard, this substantial revenue increase contributed significantly to the company's improved financial performance and profitability turnaround.
Operating profit margin (OPM) improved to 5.59% in the June 2026 quarter, demonstrating enhanced operational efficiency compared to the previous year. According to the financial data reported by Business Standard, this margin improvement, combined with the strong revenue growth, contributed to the company's successful turnaround from losses to profitability.
PBDT (Profit Before Depreciation and Tax) increased to ₹10.26 crore in the June 2026 quarter from a loss of ₹7.46 crore in the corresponding quarter of the previous year. As reported by Business Standard, PBT (Profit Before Tax) turned positive at ₹1.04 crore compared to a loss of ₹14.10 crore in the June 2025 quarter, indicating consistent improvement across all profitability metrics.
The company successfully completed its 86th Annual General Meeting on August 5, 2026, with shareholders approving key governance decisions including the reappointment of directors Shishir S. Shirgaokar and Shilpa Kumar. As reported by the company, both directors had retired by rotation and offered themselves for reappointment, with the meeting conducted through Video Conferencing/OAVM in compliance with SEBI LODR regulations. The AGM also approved the adoption of audited standalone financials for FY26, declaration of dividend, and ratification of cost auditor remuneration for FY27.
