Uttam Sugar Mills Ltd Q1 FY27 profit falls to Rs 0.85 crore

Uttam Sugar Mills Ltd reported standalone net profit of Rs 0.85 crore for the first quarter of FY27, compared with Rs 15.96 crore a year earlier. Standalone revenue declined 2.8% year-on-year to Rs 588.46 crore, while EBITDA fell to Rs 25.23 crore from Rs 51.61 crore, reflecting a sharp reduction in operating profit.

What did Uttam Sugar Mills report for Q1 FY27?

Uttam Sugar Mills Ltd, referred to as Uttam Sugar Mills, released its unaudited financial results presentation for the quarter ended June 30, 2026. The filing was released on August 11, 2026. On a standalone basis, total revenue was Rs 588.46 crore in Q1 FY27, against Rs 605.57 crore in Q1 FY26.

The company reported profit before tax of Rs 1.07 crore, down from Rs 21.25 crore in the corresponding quarter of the previous financial year. Net profit stood at Rs 0.85 crore, compared with Rs 15.96 crore. Earnings per share, which was not annualised, declined to Rs 0.22 from Rs 4.18.

Consolidated revenue was Rs 607.65 crore for the quarter, compared with Rs 629.96 crore in Q1 FY26. Consolidated EBITDA was Rs 27.47 crore, versus Rs 51.63 crore a year earlier. The figures show that the reduction in profitability was visible in both standalone and consolidated reporting.

Why did Uttam Sugar Mills' profit fall sharply?

Uttam Sugar Mills' reported numbers show that the main pressure came from a decline in operating profit. Standalone EBITDA reduced by Rs 26.38 crore from the year-earlier quarter, while revenue decreased by Rs 17.11 crore. This caused EBIT to fall to Rs 13.47 crore from Rs 40.21 crore.

Depreciation increased modestly to Rs 11.76 crore from Rs 11.40 crore. Interest costs, however, declined to Rs 12.40 crore from Rs 18.96 crore. The lower interest expense provided some support, but it was not enough to offset the substantially lower EBIT.

The resulting gap between operating earnings and financing costs was narrow. With EBIT of Rs 13.47 crore and interest expense of Rs 12.40 crore, profit before tax was Rs 1.07 crore. The company presentation does not provide a further detailed explanation for the quarter-on-quarter or year-on-year movement in margins, so the reported figures do not establish a specific cause beyond the lower operating earnings.

How does Q1 FY27 compare with Uttam Sugar Mills' recent performance?

Uttam Sugar Mills' Q1 FY27 standalone revenue of Rs 588.46 crore was above the Rs 456.97 crore reported in Q1 FY25, but profitability was substantially below both recent first-quarter comparisons. EBITDA was Rs 38.30 crore in Q1 FY25 and Rs 51.61 crore in Q1 FY26, compared with Rs 25.23 crore in Q1 FY27.

For FY26, Uttam Sugar Mills reported standalone revenue of Rs 2,116.43 crore, EBITDA of Rs 226.24 crore and net profit of Rs 98.74 crore. The Q1 FY27 result therefore represents a slower start to the financial year on both revenue and earnings measures, although a single quarter does not represent the full-year outcome.

The company's FY25 standalone revenue was Rs 1,800.52 crore, with EBITDA of Rs 222.32 crore and net profit of Rs 91.23 crore. Revenue expanded in FY26 from that level, while annual net profit also increased. The Q1 FY27 comparison is notable because the current quarter's net profit is materially lower than the first-quarter profits reported in the preceding two financial years.

What does the result mean for investors and the sugar business?

For investors, the quarter highlights the sensitivity of Uttam Sugar Mills' profit to changes in operating earnings. Revenue declined by less than 3% from the year-earlier quarter, but EBITDA declined by more than half. That difference led to a much larger fall in profit before tax and net profit.

The filing gives no share-price movement, management guidance, dividend decision or revised annual target. As a result, the disclosed information supports an assessment of reported financial performance rather than a conclusion about future earnings. Investors will likely compare subsequent results with the FY26 annual base, when the company reported Rs 98.74 crore of standalone net profit.

The company had earlier disclosed Q1 FY26 sugar production of 2.90 lakh quintals, sugar sales of 10.60 lakh quintals and sugar inventory of 17.67 lakh quintals. No corresponding operating data for Q1 FY27 is included in the supplied filing extract. This limits direct comparison of production, sales volumes, inventory and realisations for the latest quarter.

Conclusion

Uttam Sugar Mills reported lower revenue and a marked contraction in profitability in Q1 FY27. Standalone EBITDA fell to Rs 25.23 crore and net profit fell to Rs 0.85 crore, despite lower interest costs, because the reduction in operating earnings was significantly larger than the saving in finance costs.

The next disclosed earnings date is October 31, 2026 for Q2 FY26-27. Market participants will watch the next results for changes in revenue, EBITDA, interest costs and profit, as well as any updated operating information on sugar production, sales, inventory and realisations.