SunRice Group delivers net profit of $73.3M

• SunRice Group released its FY26 financial results showing a 4% increase in net profit after tax to $73.3 million.
• The company decreased its net debt to $151 million, reducing its gearing level to 16% as of April 30.
• The group stated that its ongoing strategy includes building global supply resilience and continuing investment in long-term growth initiatives.

SunRice Group (ASX:SGLLV) announced a 4% increase in its full-year net profit after tax to $73.3 million for the 2026 financial year.

The profit growth came despite a revenue decline to $1.80 billion, compared to the $1.85 billion reported in the 2025 financial year.

“FY26 was a year of solid performance for SunRice Group, with improved after-tax profitability, coupled with strong EBITDA margins in a more demanding trading environment,” said SunRice Group CEO and Managing Director Paul Serra.

The group also declared a record total, fully franked dividend of 70 cents per B-class share, representing an 8% increase on the prior fiscal year.

The company anticipated that its financial year 2027 net profit after tax will be materially lower than the financial year 2026 figures.

The business maintained an EBITDA margin of 8%, which was in line with the margin achieved during the 2025 financial year.

The company stated that its diversification and margin discipline provided the flexibility to navigate softer top-line conditions.