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Andhra Sugars Ltd Q1FY24; 71% fall in Profits

Incorporated in 1947, Andhra Sugars Limited is a manufacturer of Sugar, Industrial Alcohol, Chlor Alkali Products, Aspirin, Sulphuric Acid, Liquid & Solid Propellants. It also generates power for captive use

Financial Results:

Andhra Sugars Ltd reported Revenues for Q1FY24 of ₹492.00 Crores down from ₹660.00 Crore year on year, a fall of 25.45%.

Total Expenses for Q1FY24 of ₹470.00 Crores down from ₹574.00 Crores year on year, a fall of 18.12%.

Consolidated Net Profit of ₹22.00 Crores down 71.05% from ₹76.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.55, down 72.07% from ₹5.55 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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