Categories AlphaGraphs, Earnings

Bannari Amman Sugars Ltd Q1FY24; 46% fall 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 Q1FY24 of ₹431.00 Crores up from ₹427.00 Crore year on year, a rise of 0.94%.

Total Expenses for Q1FY24 of ₹411.00 Crores down from ₹423.00 Crores year on year, a fall of 2.84%.

Consolidated Net Profit of ₹14.00 Crores down 46.15% from ₹26.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹10.84, down 47.10% from ₹20.49 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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