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Mawana Sugars Ltd Q1FY24; 6% rise in Revenue

Mawana Sugars Limited was founded by Shriram Enterprises in 1949 and later emerged as an independent entity in 1989 with the restructuring of the erstwhile DCM Group. It is engaged in the business of manufacturing and selling of sugar, ethanol and power.

Financial Results:

Mawana Sugars Ltd reported Revenues for Q1FY24 of ₹326.00 Crores up from ₹308.00 Crore year on year, a rise of 5.84%.

Total Expenses for Q1FY24 of ₹348.00 Crores up from ₹323.00 Crores year on year, a rise of 7.74%.

Consolidated Net Profit of -₹16.00 Crores from -₹12.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹3.99, from -₹3.04 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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