Sakthi Sugars announces financial results; net profit declines

Sakthi Sugars Limited on May 29 announced its financial results for the fourth quarter and full year ended Mar 31, 2024.

Performance overview:

Total income from operations at Rs. 298.8 crore in March 2024 compared to Rs. 326.7 crore in March 2023.

Quarterly Net Profit at around Rs. 107 crore in March 2024 compared to Rs. 219 crore in March 2023.

Sakthi Sugars basic and diluted EPS has decreased to Rs.9.05 in March 2024 compared to Rs. 18.51 in March 2023.

For the full year, net profit was Rs. 129 crore in the year ended March 2024 as against Rs 417 crore during the previous year ended March 2023. Total income from operations declined to Rs. 1,069 crore in the year ended March 2024 as against Rs. 1,075 crore during the previous year ended March 2023.

Click here to read the financial results of Sakthi Sugars

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