Categories Earnings

Earnings | Avadh Sugar & Energy Ltd (NSE: AVADHSUGAR): Q4FY23 Results Out; Total Income rises 11% YoY.

Avadh Sugar & Energy Ltd is a company primarily focused on the manufacturing and sale of sugar and its by-products such as molasses, bagasse, and press-mud. In addition, the company is involved in the production of spirits, including ethanol, as well as power generation. Incorporated in March 2015, Avadh Sugar & Energy Ltd was established with the aim of transferring sugar units from Oudh Sugar Mills Limited and Upper Ganges Sugar & Industries Limited in Uttar Pradesh to a separate entity. The company’s operations span the entire value chain of sugar production and related by-products, contributing to the energy and spirits sectors as well.

  • Avadh Sugar & Energy Ltd. reported Total Income for Q4 FY23 of ₹848 Crore up from ₹760 Crore year on year, a growth of 11%.
  • Total Expenses for Q4 FY23 of ₹737 Crore up from ₹706 Crore year on year, a growth of 4%.
  • Consolidated Net Profit of ₹79 Crore, up 55% from ₹51 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹39.51, up 54% from ₹25.66 in the same quarter of the previous year.

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