Pasupati Acrylon Limited — Important, 25-03-2025: Updates
Pasupati Acrylon Limited has received allocations for supplying Ethanol under the Ethanol Blended Petrol Programme from major Oil Marketing Companies (OMCs), including Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, and Hindustan Petroleum Corporation Limited. The company is set to supply 3,450 kilolitres in Q2 of the Ethanol Supply Year 2024-25, valued at Rs. 20.18 Cr, and 12,375 kilolitres in Q4, valued at Rs. 88.93 Cr. The allocation for Q3 is currently in process. This move is expected to bolster the company’s revenues, highlighting a positive outlook as it capitalizes on domestic ethanol demand amidst an increasing push for sustainability in fuel sources. Shareholders should keep a watch on the completion of the Q3 allocation process and observe how these contracts may influence revenue streams moving forward.
