Categories AlphaGraphs, Consumer, Earnings

Ugar Sugar Works Ltd Q1FY24; 44% fall in Revenue

Incorporated in 1939, The Ugar Sugar Works Ltd. is engaged in the manufacture and sale of sugar, industrial and potable alcohol, and generation and distribution of electricity.

Financial Results:

Ugar Sugar Works Ltd reported Revenues for Q1FY24 of ₹188.06 Crores down from ₹335.46 Crore year on year, a fall of 43.94%.

Total Expenses for Q1FY24 of ₹197.86 Crores down from ₹328.63 Crores year on year, a fall of 39.79%.

Consolidated Net Profit of -₹9.14 Crores from ₹5.74 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.81, from ₹0.51 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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