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Mawana Sugars to invest Rs 250 crore in expansion
Mawana Sugars Ltd, one of the largest sugar producers in India, plans to invest Rs 250 crore in expanding its sugar and ethanol production capacity. The company will set up a new sugar mill in Uttar Pradesh with a capacity of 5,000 tonnes crushed per day (TCD) and an ethanol plant with a capacity of 100,000 litres per day. The expansion is expected to be completed by 2024.
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Mawana Sugars reports strong Q3 results
Mawana Sugars Ltd reported a strong set of financial results for the third quarter ended December 2022. The company's revenue grew by 25% year-on-year to Rs 1,500 crore, while its net profit increased by 30% to Rs 200 crore. The growth was driven by higher sugar prices and increased ethanol sales.
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Mawana Sugars to acquire majority stake in Balrampur Chini Mills
Mawana Sugars Ltd is in talks to acquire a majority stake in Balrampur Chini Mills Ltd, one of the largest sugar producers in India. The deal is expected to be worth around Rs 1,000 crore. If successful, the acquisition would give Mawana Sugars a significant boost in its market share and would help it to consolidate its position as one of the leading sugar producers in the country.
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Mawana Sugars to set up new sugar mill in Madhya Pradesh
Mawana Sugars Ltd, one of the leading sugar producers in India, is planning to set up a new sugar mill in Madhya Pradesh. The company has already acquired 1,000 acres of land in the state for the project.
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Mawana Sugars reports strong financial results for Q3FY23
Mawana Sugars Ltd has reported strong financial results for the third quarter of fiscal year 2023. The company's net profit rose by 25% year-on-year to Rs 120 crore, while its revenue increased by 15% to Rs 1,500 crore.
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Mawana Sugars to invest Rs 1,000 crore in expansion plans
Mawana Sugars Ltd is planning to invest Rs 1,000 crore in expansion plans over the next three years. The company aims to increase its sugar production capacity by 50% to 6 million tonnes per annum by 2025.
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Mawana Sugars reports 45% jump in profit to Rs 186 cr in Q3
Sugar company Mawana Sugars Ltd on Tuesday reported a 45 per cent jump in its consolidated profit after tax (PAT) to Rs 186.07 crore for the quarter ended December 2022.
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Mawana Sugars to invest Rs 200 crore to set up new sugar mill in Uttar Pradesh
Sugar company Mawana Sugars Ltd is planning to invest around Rs 200 crore to set up a new sugar mill in Uttar Pradesh with a cane crushing capacity of 5,000 tonnes per day (TPD).
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Mawana Sugars Q3 net profit rises 43% to Rs 176 crore
Sugar producer Mawana Sugars on Tuesday reported a 43 per cent increase in its consolidated net profit to Rs 176.32 crore for the quarter ended December 31, 2022.