Dalmia Bharat Sugar and Industries Limited (DBSIL) announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. For the third quarter, the company reported a Profit After Tax (PAT) of ₹70 crore, a 17% increase year-on-year, on a total revenue of ₹698 crore, which decreased by 17% YoY. Sugar sales volume for the quarter stood at 0.8 LMT, a decrease of 34% YoY, while the average sugar Net Sales Realisation (NSR) was ₹39.3/kg, up 1% YoY. Distillery volume increased by 2% YoY to 4.9 Cr Liters. For the nine months ended December 31, 2025, total revenue was ₹2,627 crore, down 3% YoY, and PAT stood at ₹132 crore, a decrease of 21% YoY. Sugar sales volume for the period was 4 LMT (-12% YoY), with an average NSR of ₹39.7/kg (+3% YoY). Distillery volume grew by 7% YoY to 14.1 Cr Liters. The Board approved an interim dividend of ₹4.50 per share for FY 2025-26. The company also reported progress on strategic initiatives, including the commencement of commercial operations for a new grain-based distillery facility, increasing total distillery capacity to 950 KLPD. Additionally, the company became the majority owner of Eagle Agrotech Holdings Limited. Capital projects approved include a 13 TPD Compressed Bio Gas (CBG) project at the Kolhapur plant and steam-saving equipment at the Jawaharpur plant, both expected to be commissioned by November 2026. The company highlighted that despite lower cane crush and higher production costs due to cane price increases in Maharashtra and Uttar Pradesh, the performance was driven by higher sugar net sales realization, increased volumes from grain-based distilleries, and upward revision in power tariffs by UPERC.