Dhampur Sugar Mills Posts ₹12.62 Crore Q2 Net Profit, Reversing Year-Earlier Loss

Dhampur Sugar Mills reported a consolidated net profit of ₹12.62 crore for the quarter ended September 30, 2026, reversing a net loss of ₹7.82 crore in the same quarter a year earlier. ScanX reported that consolidated revenue from operations for Q2FY27 stood at ₹694.44 crore.

Dhampur Sugar Mills' Q2FY27 Earnings Detail

The board approved the unaudited standalone and consolidated results at its meeting on November 14, 2026. Consolidated profit before tax was ₹24.40 crore for Q2FY27, against a loss of ₹12.53 crore in Q2FY26. For H1FY27, consolidated net profit was ₹18.71 crore against a loss of ₹6.91 crore in H1FY26.

On a standalone basis, profit after tax was ₹12.48 crore for Q2FY27, compared with a loss of ₹8.77 crore a year earlier. Standalone total income was ₹699.97 crore, against ₹713.01 crore in Q2FY26. Basic EPS was ₹1.96 per share on a consolidated basis, not annualised.

Sugar contributed ₹315.78 crore of segment revenue and a segment result of ₹22.46 crore, while ethanol contributed ₹145.91 crore of revenue and ₹17.51 crore of result. The company said sugar is a seasonal industry and quarterly performance may not represent the full year.

Venus India Deal Date Extended to March 2027

The board extended the long-stop date under the Share Purchase Agreement dated October 28, 2025 for the proposed acquisition of 51% of the equity share capital of Venus India Asset-Finance Private Limited from October 28, 2026 to March 31, 2027. The company said the extension was mutually agreed and all other terms remain unchanged.

The board also appointed Bahadur Murao & Co., Cost Accountants (Firm Registration No. 000008), as Cost Auditor for FY 2026-27, filling a casual vacancy arising from the demise of the existing cost auditor, Mr. S.R. Kapur.

Dhampur Sugar Mills' Capacity and Partnerships

According to akta.pro company records, Dhampur Sugar Mills has consolidated crushing capacity of 20,500 tonnes of cane per day across its Asmoli and Mansurpur plants, and 76.5 MW of cogeneration capacity from bagasse. The same records list biofuels and spirits capacity of 312,500 litres per day on B-heavy molasses, including 100,000 litres per day on a dual-feed distillery.

The records also list long-term ethanol procurement arrangements with Indian Oil Corporation and Bharat Petroleum Corporation under India's Ethanol Blending Programme.

Cost Auditor Disclosure and AGM Preceded Results

On October 22, 2026, ScanX reported that Dhampur Sugar Mills confirmed the demise of cost auditor Surendra Rai Kapur and said it would appoint a new cost auditor within prescribed timelines. On October 4, 2026, ScanX reported that CFO Susheel Kumar Mehrotra certified that Commercial Paper proceeds from Q2FY27 were used for disclosed purposes and the paper was fully repaid.

At its 91st AGM on August 26, 2026, shareholders adopted the FY26 financials and confirmed a ₹2.00 per share final dividend, ScanX reported.

What to Watch on the Venus India Acquisition

The Share Purchase Agreement sets March 31, 2027 as the extended long-stop date for the proposed 51% acquisition of Venus India Asset-Finance. The company's own announcements cover its sugar, ethanol and power operations.