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.
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