Dalmia Bharat Sugar and Industries Limited has informed the Exchange regarding Appointment of Shri Gautam Dalmia as Managing Director as Managing Director of the company w.e.f. January 16, 2027.
DALMIASUG · price
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Dalmia Bharat Sugar reported FY2026 audited results with revenue of Rs. 3,618 crore, down 2.9% from Rs. 3,725 crore in FY2025. Net profit fell to Rs. 238 crore from Rs. 366 crore in the previous year, representing a 35% decline. The Board recommended a final dividend of Rs. 1.50 per share (75% on Rs. 2 face value) for FY2026, subject to shareholder approval. The Board also approved the re-appointment of Shri Gautam Dalmia as Managing Director for 5 years from January 16, 2027, and appointed Shri Rangaprasad S. as Unit Head at the Nigohi Unit in Uttar Pradesh. Gautam Dalmia has about 33 years of experience and was part of the team that diversified the sugar business in 1994.
The profit decline of 35% YoY may concern investors, though the dividend recommendation and continuity in leadership through the re-appointment of the Managing Director provide some stability. The company remains part of the Dalmia Bharat Group.