Kolkata: The Board of Directors of Avadh Sugar & Energy Limited (ASEL) (BSE: 540649 / NSE: AVADHSUGAR) at its meeting held on February 10, 2025 took on record the unaudited Financial Results for the Quarter and Nine Months Ended 31st December 2024.
Financial Highlights:
Q3FY25
- Total Income in Q3FY25 at Rs. 619 Cr as against Rs. 595 Cr in Q3FY24.
- EBITDA in Q3FY25 at Rs. 38 Cr as against Rs. 59 Cr in Q3FY24.
- PAT in Q3FY25 at Rs. 7 Cr as against Rs. 22 Cr in Q3FY24.
9MFY25
- Total Income in 9MFY25 at Rs. 1,961 Cr as against Rs. 2,076 Cr in 9MFY24.
- EBITDA in 9MFY25 at Rs. 131 Cr as against Rs. 211 Cr in 9MFY24.
- PAT in 9MFY25 at Rs. 16 Cr as against Rs. 73 Cr in 9MFY24.
Commenting on the results, Mr. C.S. Nopany, Co-Chairperson, Avadh Sugar & Energy Ltd said:
“The sugar season 2024-25 has presented a mixed outlook, with challenges such as lower cane yields and lower Recovery in key states like Uttar Pradesh, Maharashtra, and Karnataka impacting overall production. Despite these setbacks, our company remains cautiously optimistic, supported by a solid foundation and a favorable outlook for the 2025-26 season. However, the rising production costs, coupled with the current stagnant ethanol prices, highlight the pressing need for timely policy adjustments.
At Avadh, we remain focused on long-term growth and are optimistic that with the right policy support, the sugar industry will continue to thrive, delivering value to all our stakeholders. The ongoing crushing enhancement at Company’s Hargaon unit will be completed with the start of new sugar season 2025-26 and add to value creation further.”
About Avadh Sugar & Energy Limited
CIN:L15122UP2015PLC069635
The company deals in Sugar, Spirits and Ethanol, Cogeneration and other By-products arising out of the manufacturing process of sugar or resultant of any activity related to sugar business. The company is having four sugar mills at Hargaon (District Sitapur, Uttar Pradesh), Seohara (District Bijnor, Uttar Pradesh), New India Sugar Mills, Hata (District Khushinagar, Uttar Pradesh), Rosa Sugar Works at Rosa (District Shahajahanpur, Uttar Pradesh) with a combined crushing capacity of 34,800 TCD. The company is also having two distilleries at Hargaon and at Seohara with a total Ethanol capacity of 325 KLPD (B Heavy). The Company is also having Cogen facility and can generate 74 MW power.
