Avadh Sugar & Energy Limited — Updates, 05-08-2025: Press Release
05-08-2025 | 06:21 pm
05-08-2025 | 06:21 pm
Avadh Sugar & Energy reported its financial results for the quarter. Total Income saw a slight uptick to Rs. 717 Cr from Rs. 708 Cr year-on-year. However, EBITDA fell significantly to Rs. 29 Cr from Rs. 57 Cr, with the company shifting to a net loss of Rs. -8 Cr compared to a Rs. 9 Cr profit in the prior year. Management noted strategic reforms by the UP government positively reshaping sugarcane farming but highlighted persistent near-term sector challenges. They emphasized the need for policy adjustments, including revising sugar's minimum sale price and a dynamic ethanol pricing mechanism, for sector improvement.
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