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Magadh Sugar & Energy Ltd Q1FY24; 22% rise in Revenue

Magadh Sugar & Energy Limited is primarily engaged in the manufacture and sale of sugar and its by-products (molasses, bagasse and press-mud), denatured spirits including ethanol and power. The Company is part of the K. K. Birla Group of Sugar Companies.

Financial Results:

Magadh Sugar & Energy Ltd reported Revenues for Q1FY24 of ₹301.00 Crores up from ₹246.00 Crore year on year, a rise of 22.36%.

Total Expenses for Q1FY24 of ₹280.00 Crores up from ₹245.00 Crores year on year, a rise of 14.29%.

Consolidated Net Profit of ₹16.00 Crores from ₹0.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹11.03, up 18,283.33% from ₹0.06 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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