The Andhra Sugars Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Andhra Sugars has announced a board meeting on approval of its audited consolidated financial results for FY24. Revenue climbed 6.7% to Rs. 2019.69 Cr, but net profit dropped to Rs. 26.57 Cr due to impairment provisions and disputed fuel and power cost adjustments. Chlor-alkali and Industrial Chemicals segments powered profits, while Sugar operations stayed in the red. The board declared a final dividend of Rs. 0.80 per share, maintaining steady payouts. The company is facing ongoing lease renewal issues and continues investing in fixed assets. Focus remains on chemical businesses to drive future growth amid cost pressures.