Uttam Sugar Mills Limited — Board Meeting, 14-02-2025: Outcome of Board Meeting

The Board of Directors of Uttam Sugar Mills Limited has approved the un-audited financial results for the quarter and nine months ended December 31, 2024. The total income for the quarter stood at ₹404.82 crore, while expenses were reported at ₹361.02 crore. This resulted in a profit before tax of ₹43.81 crore. The company also completed the acquisition of a majority stake (53.77%) in Uttam Distilleries Limited, which has since become a subsidiary, reflecting a strategic move that may enhance its market position.