Bajaj Hindusthan Sugar Ltd. (BHSL) has emerged from a loss-making streak, reporting a net profit of Rs 20.28 crore in the quarter ended December 2023 (Q3 FY24), compared to a net loss of Rs 58.36 crore in the previous quarter (Q2 FY24). This marks a significant turnaround for the company.
The company’s sales also exhibited positive momentum, registering a robust increase of 21.65%, reaching Rs 1740.63 crore in the quarter ending December 2023, compared to Rs 1430.84 crore in the previous quarter ending December 2022.
