ALPHA TRIBE

Ponni Sugars (Erode) LimitedOthers, 11-06-2025: Shareholders meeting

11-06-2025 | 06:35 pm

Ponni Sugars has announced a board meeting on the financial results for the quarter and half-year. The company faced volume and sugar recovery declines due to adverse weather, pressuring margins despite improved sugar and molasses prices. Elevated cane costs continue to challenge profitability. Efforts to enhance cane quality with farmer support and favorable monsoon forecasts aim to stabilize production. With Indian sugar output expected to increase in 2025-26, margin pressures persist. A dividend of Rs. 3 per share signals cautious optimism amid ongoing operational challenges.

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