ZUARI INDUSTRIES LIMITED — Updates, 13-02-2025: Press Release

Zuari Industries Limited reported strong performance for the quarter ended December 31, 2024, showing significant operational growth. Standalone revenue from operations reached ₹204.8 Cr, up 103% from the previous year, with consolidated revenue also at ₹235.1 Cr, reflecting the same percentage increase. Key drivers included the Sugar, Power & Ethanol (SPE) division, which achieved record sugar production of 61 Lakh Quintals, a 69.4% increase year-on-year. Sugar sales surged by 150% to 3.5 Lakh Quintals, and ethanol production nearly doubled to 7,787 KL. Subsidiaries like Zuari Infraworld made notable progress, particularly in real estate with the St. Regis Residences project in Dubai at 58% completion. Zuari Finserv reported a 40% revenue growth for 9M FY25. Overall, the company's strategic focus on operational efficiency and diversification is yielding positive results, positioning it for continued growth. Investors should watch this momentum closely as potential opportunities in their various lines of business develop.