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Avadh Sugar & Energy Ltd is primarily engaged in the manufacture and sale of sugar and its by-products (molasses, bagasse and press-mud), spirits including ethanol and power. It was incorporated in March 2015 with the purpose of transferring sugar units in Uttar Pradesh of Oudh Sugar Mills Limited (Oudh) and Upper Ganges Sugar & Industries Limited (Upper Ganges) to a separate entity.
Avadh Sugar reported robust Q1FY27 results, with revenue up 9% to Rs 781.05 Cr and EBITDA jumping 34% to Rs 38.25 Cr. The company achieved a positive PAT of Rs 0.24 Cr, reversing last year's loss. This improvement was largely driven by a 10% increase in sugar sales volume and...