Balrampur Chini Mills Ltd (BCML) reported a 22.83% decline in its net profit, which stood at Rs. 70.47 crore for the quarter ending December 31, 2024.
In comparison, the company’s net profit was Rs. 91.32 crore in the same quarter of the previous fiscal year, as per the regulatory filing.
BCML’s revenue from operations also saw a decrease of 3.10%, amounting to Rs. 1,192.14 crore during the quarter under review, compared to Rs. 1,230.38 crore in the corresponding period last year.
BCML is one of the largest integrated sugar companies in India. The allied businesses of the company comprise distillery operations and cogeneration of power. The Company presently has ten sugar factories located in Uttar Pradesh (India) having an aggregate sugarcane crushing capacity of 80,000 TCD, distillery and co-generation operations of 1050 KLPD and 175.7 MW (Saleable) respectively. BCML is also in process of setting up India’s 1st Poly Lactic Acid (PLA) plant of 80,000 TPA capacity.
