Prudential Sugar Corporation's Q1 FY 2025-26 Quarterly Results

Result Summary

• Prudential Sugar Corporation Ltd reported a 88.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 76.7%.
• Its expenses for the quarter were down by 90.7% QoQ and 80.9% YoY.
• The net profit increased 180.0% QoQ and increased 3.7% YoY.
• The earnings per share (EPS) of Prudential Sugar Corporation Ltd stood at 0.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Prudential Sugar Corporation Ltd is primarily engaged in the production and sale of sugar. Operating within the agricultural commodity sector, the company's business revolves around processing sugarcane into refined sugar, which is a staple in various consumer and industrial applications. As of the latest updates available up to October 2023, there are no specific major developments or changes in the company's operational focus or strategic direction that have been publicly disclosed. The company continues to serve its market segment through its core activities in sugar production.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Prudential Sugar Corporation Ltd reported a total income of ₹8.55 crores. This represents a significant decrease compared to the previous quarter (Q4FY25), where total income was ₹72.68 crores, indicating a quarter-over-quarter (QoQ) decline of 88.2%. On a year-over-year (YoY) basis, there was also a substantial decrease from ₹36.77 crores in Q1FY25, resulting in a YoY decline of 76.7%. These figures reflect a notable contraction in revenue generation over both the quarterly and annual periods.

Profitability

The company's profitability metrics show a different trend. Profit Before Tax (PBT) for Q1FY26 stood at ₹1.88 crores, a significant increase from ₹0.46 crores in Q4FY25, resulting in a 308.7% QoQ increase. Compared to Q1FY25, where the PBT was ₹1.86 crores, there was a slight increase of 1.1% YoY. The Profit After Tax (PAT) for Q1FY26 was ₹1.40 crores, up from ₹0.50 crores in the previous quarter, marking an 180.0% QoQ increase. The YoY comparison shows a small increase from ₹1.35 crores in Q1FY25, resulting in a 3.7% increase. Despite the revenue decline, profitability has improved, as reflected in both PBT and PAT figures.

Operating Metrics

Analyzing the operating metrics, total expenses for Q1FY26 were ₹6.67 crores, which is a significant reduction from ₹71.78 crores in Q4FY25, marking a 90.7% QoQ decrease. Compared to the same quarter last year (Q1FY25), where total expenses were ₹34.91 crores, there is an 80.9% YoY decline. The earnings per share (EPS) remained constant YoY at ₹0.40, while QoQ, it increased by 300.0% from ₹0.10 in Q4FY25. The tax expense for Q1FY26 was ₹0.48 crores, a reversal from a tax credit of ₹-0.04 crores in Q4FY25, marking a 1300.0% change in tax accounting. Compared to Q1FY25, tax decreased by 5.9% from ₹0.51 crores. These metrics indicate large variances in operating costs and tax expenses across different periods.