Categories AlphaGraphs, Earnings

Bannari Amman Sugars Ltd Q3FY24; 66% rise in Profits

Bannari Amman Sugars Limited is one of the leading sugar manufacturers in India. It has three sugar factories with cogeneration plants in Tamilnadu and two sugar factories with co-generation plants in Karnataka. It has two distillery units one in Tamilnadu and another in Karnataka. It has a Granite Processing unit in Tamilnadu. The company also has windmills which are located in the southern part of Tamilnadu.

Financial Results:

Bannari Amman Sugars Ltd reported Revenues for Q3FY24 of ₹768.00 Crores down from ₹932.00 Crore year on year, a fall of 17.6%.

Total Expenses for Q3FY24 of ₹670.00 Crores down from ₹867.00 Crores year on year, a fall of 22.72%.

Consolidated Net Profit of ₹68.00 Crores up 65.85% from ₹41.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹54.28, up 66.61% from ₹32.58 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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