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Avadh Sugar Q2 net profit at Rs 29 crore

INDUSTRY NEWS

KOLKATA: Avadh Sugar & Energy Ltd, a KK Birla group firm, has reported a net profit of Rs 29 cr for the quarter ended September against a loss of Rs 16 cr in the corresponding period a year ago. The Kolkata-based firm’s total income in the quarter stood at Rs 799 cr, against Rs 594 crore in the year-earlier period. The EBITDA of the firm also came in higher at Rs 78 cr from Rs 6 cr in July-Sept last year. “The company now proposes to increase sugar cane crushing capacity from 10,000 tonnes of cane crushed per day to 13,000 TCD,” it said.

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2023-11-20T08:00:00.0000000Z

2023-11-20T08:00:00.0000000Z

https://news.dtnext.in/article/282157885984376

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