Kolkata: The Board of Directors of Magadh Sugar & Energy Limited (MSEL) (BSE: 540650 / NSE: MAGADSUGAR) at its meeting held on February 11, 2025, took on record the unaudited Financial Results for the Quarter and Nine Months ended December 31, 2024.
Financial & Operational Highlights:
Financial Highlights:
Q3FY25
- Total Income in Q3FY25 at Rs. 285 Cr as against Rs. 219 Cr in Q3FY24.
- EBITDA in Q3FY25 at Rs. 40 Cr as against Rs. 62 Cr in Q3FY24.
- PAT in Q3FY25 at Rs. 21 Cr as against Rs. 39 Cr in Q3FY24.
9MFY25
- Total Income in 9MFY25 at Rs. 969 Cr as against Rs. 810 Cr in 9MFY24.
- EBITDA in 9MFY25 at Rs 97 Cr as against Rs. 134 Cr in 9MFY24.
- PAT in 9MFY25 at Rs. 38 Cr as against Rs. 70 Cr in 9MFY24.
Commenting on the results, Mr. C.S. Nopany, Chairperson, Magadh Sugar & Energy Ltd said:
“At Magadh, while the industry grapples with a significant decline in production driven by reduced cane availability and lower recovery and a shift towards ethanol. Despite the setbacks, our ability to adapt and navigate this dynamic environment reflects the industry’s inherent strength and potential for long-term growth.
We are dedicated to fostering sustainable growth by making strategic investments to expand our production capabilities. With the right policy support, we believe the sector can overcome current challenges and continue to play a pivotal role in the future. Our ongoing capital expenditure program, which focuses on enhancing crushing capacity and implementing steam-saving measures at the Narkatiagunj unit, is operational at the start of the 2024-25 crushing season.”
About Magadh Sugar & Energy Limited
CIN:L15122UP2015PLC069632
The company was incorporated on 19th March 2015 with main object to deal in sugar and sugar products, spirits and alcohol of denatured of any strength and all other products arising out of the manufacturing process of sugar or resultant of any activity related to sugar business, generation of power through various means. The company is having three sugar mills at New Swadeshi Sugar Mills, Narkatiaganj (District West Champaran, Bihar), Bharat Sugar Mills (District Sidhwalia, Bihar), Hasanpur Sugar Mills, Hasanpur (District Samastipur, Bihar) with a combined crushing capacity of 21500 TCD. The company is also having two distilleries for ethanol at Narkatiaganj and Sidhwalia with a total ethanol capacity of 155 KLPD. The Company is also having Co-gen facility and can generate 38 MW power.
