Ugar Sugar announces financial results

The Ugar Sugar Works Limited on May 28 announced its financial results for the fourth quarter and full year ended Mar 31, 2024.

Performance overview:

Total income from operations at 430.21 crore in March 2024 compared to Rs. 649.43 crore in March 2023.

Quarterly Net Profit at Rs. 17.36 crore in March 2024 compared to Rs. 65.25 crore in March 2023.

Ugar Sugar basic and diluted EPS has decreased to Rs.1.54 in March 2024 compared to Rs. 5.80 in March 2023.

For the full year, net profit was Rs 21.14 crore in the year ended March 2024 as against Rs 103.04 crore during the previous year ended March 2023. Total income from operations declined to Rs 1,310 crore in the year ended March 2024 as against Rs 1,946 crore during the previous year ended March 2023.

Click here to read the financial results

 

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