ICRA estimates the revenues of integrated sugar mills to expand by 10% in FY2025, supported by an expected increase in sales volumes along with firm domestic sugar prices and higher distillery volumes after the operationalisation of new capacities. Further, the operating profit margins of the sugar mills are projected to remain comfortable in FY2025, in … Continue reading Revenues of sugar companies likely to increase by 10%, margins to be supported by firm sugar prices in FY2025: ICRA