Ponni Sugars (Erode) Limited is a sugar manufacturing company. It is an associate of Seshasayee Paper and Boards Limited. It has a sugar factory at Erode (Tamilnadu) having a capacity to crush 3500 tonnes of sugarcane per day and generate 19 MW of power. It demerged from Ponni Sugars and Chemicals Ltd in 2001 which was incorporated in 1996. Erode sugar mill was set up with 1250 TCD capacity in 1984 which was expanded to 2500 TCD in 1994 and to 3500 TCD in 2012. It commissioned a 19MW Cogeneration plant in 2012.
Financial Results:
Ponni Sugars (Erode) Ltd reported Revenues for Q1FY24 of ₹97.73 Crores up from ₹84.47 Crore year on year, a rise of 15.7%.
Total Expenses for Q1FY24 of ₹99.68 Crores up from ₹85.61 Crores year on year, a rise of 16.43%.
Consolidated Net Profit of ₹6.66 Crores up 208.33% from ₹2.16 Crores in the same quarter of the previous year.
The Earnings per Share is ₹7.75, up 208.76% from ₹2.51 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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