Synopsis: Ponni Sugars jumped sharply following the release of strong Q2 FY26. Revenue jumped 88% QoQ and 20% YoY to Rs 113.73 crore, whereas net profit increased by 26% YoY to Rs 14.56 crore, with double-digit growth in both its segments.
The shares of this sugar manufacturer are in focus after reporting a stellar financial performance in its latest quarter. In this article, we will dive deeper into the financial performance of the company.
With a market capitalization of Rs 260 crore, the shares of Ponni Sugars (Erode) Ltd made a day’s high of Rs 315.45 per share, up 11 percent from its previous day’s closing price of Rs 285.30 per share. Over the past five years, the stock has delivered a return of 94 percent, underperforming NIFTY 50’s return of 117 percent.
Q2 Highlights
Ponni Sugar has reported a total revenue from operations of Rs 113.73 crore in Q2 FY26, a growth of 20 percent as compared to Rs 94.54 crore in Q2 FY25. Additionally, on a quarter-on-quarter basis, it grew by 88 percent from Rs 60.37 crore.
Regarding its profitability, it reported a net profit of Rs 14.56 crore in Q2 FY26, representing a 26 percent growth compared to Rs 11.53 crore in Q2 FY25. Also, on a quarter-on-quarter basis, it recorded a sharp turnaround from a loss of Rs 2.68 crore.
The sugar business has been able to bring a revenue of Rs 99.52 crore in Q2 FY26, which is a growth of 22 percent as compared to Rs 81.58 crore in the same quarter of the previous year.
The Co-generation segment, which is a power generation unit, has raised its revenues to Rs 49.74 crore in Q2 FY26 from Rs 43.97 crore in the corresponding quarter of the financial year 2025, which is a growth of 13 percent.
Ponni Sugars (Erode) Limited is a sugar-producing company that has been around for a long time and is located in the state of Tamil Nadu. It was established in 2001 after it was demerged from Ponni Sugars and Chemicals Ltd.
As a result of its focus on sustainable agriculture and rural development, Ponni Sugars has spent the last several years supporting farmers in growing sugarcane through its innovative irrigation projects. The company also provides bagasse, a by-product of the sugar industry, to paper mills in the vicinity and uses clean fuels to cut down on pollution, thus showing its dual commitment to profitability and the planet.
Written by Satyajeet Mukherjee
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