📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
Sukhjit Starch Q3 Revenue Up 10% QoQ to ₹343.86 Cr; Management Guides 15% Growth for Q4
Sukhjit Starch & Chemicals reported a sequential recovery in Q3 FY26 with revenue increasing 10% QoQ to ₹343.86 crore, although it remains down 7.9% YoY. Profit After Tax (PAT) stood at ₹4.04 crore, showing stability from the previous quarter but a significant 62.6% decline from ₹10.80 crore in Q3 FY25. EBITDA margins were compressed at 5.87% compared to 7.56% in the same period last year due to raw material cost fluctuations. Management expressed optimism for Q4, forecasting a 15% revenue jump over Q3 and improved margins as maize prices stabilize.
Key Highlights
Revenue increased 10% QoQ to ₹343.86 crore, though down from ₹373.35 crore YoY.
Net Profit for Q3 FY26 stood at ₹4.04 crore, a sharp decline from ₹10.80 crore in Q3 FY25.
EBITDA margins contracted to 5.87% in Q3 FY26 from 7.56% in the year-ago period.
Management projects 15% sales growth in Q4 FY26 over Q3 FY26 with expected margin expansion.
9-month PAT dropped significantly to ₹12.86 crore from ₹37.04 crore in 9M FY25.
💼 Action for Investors
Investors should monitor the execution of the 15% growth guidance for Q4 and the recovery of margins to historical levels. While sequential improvement is positive, the substantial YoY profit decline warrants a cautious approach until margin stability is proven.
Sukhjit Starch Q3 FY26 Standalone PAT Drops 62.6% YoY to ₹4.04 Cr; Revenue Down 7.9%
Sukhjit Starch & Chemicals reported a weak year-on-year performance for the quarter ended December 31, 2025, with standalone revenue falling 7.9% to ₹343.86 crore. Net profit saw a sharp decline of 62.6% YoY, dropping from ₹10.80 crore to ₹4.04 crore, reflecting significant margin pressure. While revenue showed a sequential recovery of 10% from the September quarter, the bottom line remained nearly flat QoQ. The company also accounted for a minor ₹17 lakh impact due to the implementation of new labour codes.
Key Highlights
Standalone Revenue from Operations decreased 7.9% YoY to ₹343.86 crore from ₹373.35 crore in the year-ago period.
Standalone Net Profit (PAT) plummeted 62.6% YoY to ₹4.04 crore compared to ₹10.80 crore in Q3 FY25.
9-Month (9M FY26) Standalone PAT stood at ₹37.04 crore, a 6.2% decline from ₹39.48 crore in 9M FY25.
Consolidated Net Profit for the quarter was ₹3.84 crore, impacted by minor losses in subsidiary entities.
Earnings Per Share (EPS) for the quarter fell to ₹1.29 from ₹3.46 in the corresponding quarter of the previous year.
💼 Action for Investors
Investors should exercise caution as the sharp year-on-year contraction in profitability suggests rising input costs or pricing challenges in the starch segment. It is advisable to monitor if the sequential revenue growth translates into better margins in upcoming quarters.