Dwarikesh Sugar Industries Limited, in its Board Meeting held on February 11, 2026, announced its unaudited financial results for the quarter ended December 31, 2025. The company reported a revenue of ₹3,251.2 million for Q3FY26, reflecting a growth of 32.20% compared to the previous quarter (Q2FY26) and a 3.96% increase compared to the corresponding quarter of the previous year (Q3FY25). The Profit After Tax (PAT) stood at ₹154.3 million, marking a significant turnaround from a loss of ₹326.2 million in the preceding quarter. Compared to the same period last year, the PAT increased by 43.80%.

Dwarikesh Sugar Industries Limited is a leading integrated player in the Indian sugar industry, specializing in the manufacture of sugar, industrial alcohol, ethanol, and power co-generation. Founded in 1993 by Mr. Gautam R. Morarka, the company operates three manufacturing units in Uttar Pradesh with a total sugar crushing capacity of 21,500 TCD. In recent 2025 developments, the company has focused on optimizing its distillery operations to capitalize on India’s ethanol blending program. Notable news includes the reaffirmation of its credit ratings by ICRA in August 2025, maintaining a long-term rating of [ICRA]AA- while noting a negative outlook due to industry-wide recovery challenges. The promoter group, led by Gautam R. Morarka, holds a 42.10% stake as of December 2025. Significant institutional interest remains, with holdings from foreign investors like Dimensional Fund Advisors LP, which held approximately 1.10% as of late 2025.