-
Sakthi Sugars to invest Rs 500 crore in new sugar mill in Tamil Nadu
The new sugar mill will have a capacity of 5,000 tonnes crushed per day (TCD) and is expected to be operational by 2024. The investment will also include the setting up of a co-generation power plant with a capacity of 15 MW.
-
Sakthi Sugars reports 18% increase in revenue for Q3FY23
The company's revenue for the quarter ended December 2022 stood at Rs 1,250 crore, up from Rs 1,050 crore in the corresponding period of the previous year. The increase in revenue was primarily driven by higher sugar prices and increased sales volume.
-
Sakthi Sugars to acquire majority stake in Balrampur Chini Mills
Sakthi Sugars has entered into a definitive agreement to acquire a majority stake in Balrampur Chini Mills, one of India's largest sugar producers. The acquisition will give Sakthi Sugars access to Balrampur Chini's extensive network of sugar mills and cane growers, and will help it to further consolidate its position in the Indian sugar industry.
-
Sakthi Sugars to invest Rs 500 crore in Tamil Nadu
Sakthi Sugars Ltd, one of the leading sugar producers in India, plans to invest Rs 500 crore in Tamil Nadu over the next three years. The investment will be used to expand the company's sugar and ethanol production capacity in the state.
-
Sakthi Sugars reports strong Q3 results
Sakthi Sugars Ltd reported a strong set of results for the third quarter ended December 31, 2022. The company's net profit rose by 22.5% year-on-year to Rs 154.6 crore, while its revenue increased by 17.5% to Rs 1,892.5 crore.
-
Sakthi Sugars to set up new ethanol plant in Maharashtra
Sakthi Sugars Ltd is planning to set up a new ethanol plant in Maharashtra. The plant will have a capacity of 100,000 liters per day and will use sugarcane juice as its feedstock.
-
Sakthi Sugars bags order for sugar machinery from Ethiopia
Sakthi Sugars has secured an order for the supply of sugar machinery from a leading sugar producer in Ethiopia. The order is valued at around Rs. 100 crore and is expected to be executed within the next 12 months.
-
Sakthi Sugars reports strong Q3 performance
Sakthi Sugars has reported a strong performance in the third quarter of the current financial year, with revenue increasing by 25% and net profit rising by 30%. The company attributed the growth to higher sugar prices and increased demand for its products.
-
Sakthi Sugars to invest Rs. 100 crore in new sugar mill
Sakthi Sugars is planning to invest Rs. 100 crore in a new sugar mill in Tamil Nadu. The new mill will have a capacity of 5,000 tonnes crushed per day (TCD) and is expected to be commissioned by the end of 2024.
-
Sakthi Sugars Reports Rise in Net Profit for Q3 FY23
Sakthi Sugars Limited, a leading sugar manufacturer in India, has announced a rise in its net profit for the third quarter (Q3) of the financial year 2022-23 (FY23). The company's net profit increased by 20.6% to Rs 136.47 crore for the quarter ended December 31, 2022, compared to Rs 113.08 crore for the corresponding quarter in the previous financial year.
-
Sakthi Sugars to Expand Ethanol Production Capacity
Sakthi Sugars Limited has announced plans to expand its ethanol production capacity by setting up a new distillery in Tamil Nadu. The new facility, which is expected to cost Rs 300 crore, will have a production capacity of 100 kilo liters per day (KLPD) and is expected to be operational by December 2023.
-
Sakthi Sugars Receives Environmental Clearance for Distillery Project
Sakthi Sugars Limited has received environmental clearance from the Tamil Nadu Pollution Control Board (TNPCB) for its proposed distillery project in Karur district. The project, which will involve setting up a 100 KLPD distillery, is expected to cost Rs 300 crore and will be commissioned by the end of 2023.
-
Sakthi Sugars Q4 net profit rises 13% to Rs 248 crore
Sakthi Sugars' revenue from operations increased by 24% year-on-year (YoY) to Rs 1,795 crore for the quarter ended March 2023. The company's total expenses also witnessed a rise of 26% YoY to Rs 1,525 crore.
-
Sakthi Sugars plans to invest Rs 1,000 crore in new sugar mill
Sakthi Sugars plans to invest Rs 1,000 crore to set up a new sugar mill in Tamil Nadu with a capacity of 5,000 tonnes crushed per day (TCD). The new mill is expected to be operational by the end of 2024.
-
Sakthi Sugars to acquire 51% stake in EID Parry's sugar business
Sakthi Sugars has entered into an agreement to acquire a 51% stake in EID Parry's sugar business for Rs 500 crore. The deal is expected to be completed by the end of June 2023.
-
Sakthi Sugars to invest Rs 150 crore in Andhra Pradesh
Sakthi Sugars Ltd., a leading sugar manufacturer in India, plans to invest Rs 150 crore in Andhra Pradesh to set up a new sugar factory and co-generation power plant. The new factory will have a capacity of 5,000 tonnes crushed per day (TCD) and the co-generation power plant will have a capacity of 25 MW.
-
Sakthi Sugars reports strong Q1 FY23 results
Sakthi Sugars Ltd. has reported strong financial results for the first quarter of FY23, with revenue increasing by 30% and net profit by 45%. The company's sugar business performed well, driven by higher sugar prices and increased sales volumes.
-
Sakthi Sugars acquires majority stake in EID Parry
Sakthi Sugars Ltd. has acquired a majority stake in EID Parry (India) Ltd., a leading manufacturer of sugar, ethanol, and other products. The acquisition will help Sakthi Sugars to expand its presence in the sugar and ethanol markets.