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Andhra Sugars Ltd Q2FY24; 50% 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 Q2FY24 of ₹518.00 Crores down from ₹610.00 Crore year on year, a fall of 15.08%.

Total Expenses for Q2FY24 of ₹509.00 Crores down from ₹557.00 Crores year on year, a fall of 8.62%.

Consolidated Net Profit of ₹20.00 Crores down 50.0% from ₹40.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.38, down 52.08% from ₹2.88 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.

Tags: Sugar
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