Bajaj Hindusthan Sugar Ltd News
Bajaj Hindustan Sugar Q2 result: Loss narrows to Rs 76 cr on lower expenses
Bajaj Hindustan Sugar, on Friday reported narrowing of consolidated loss to Rs 76.17 crore for September quarter, helped by lower expenses and complete repayment of sustainable debt. The country's largest integrated sugar producer, which accounts for 14 per cent of Uttar Pradesh's cane crushing, incurred a loss of Rs 122.59 crore a year ago. Revenue in the quarter remained stable at Rs 1,163.26 crore. Total expenses fell to Rs 1,238.95 crore from Rs 1,286.18 crore, according to a regulatory filing. Despite positive EBITDA, the company faced operational challenges including lower sugarcane availability, under-capacity utilization, and reduced by-product production, primarily due to delayed cane payments to farmers. "The debt clearance has significantly reduced our finance costs, improving liquidity for cane payments and development activities," the company said. The outlook appears brighter as the government considers raising the minimum sugar selling price to Rs 39-40 per kg from
 "Bajaj Hindustan Sugar Q2 result: Loss narrows to Rs 76 cr on lower expenses")
Dwarikesh Sugar, Shree Renuka: Why sugar stocks are buzzing in trade today
Key players in the sector, including Shree Renuka Sugars, Dhampur Sugars, and Balrampur Chini Mills, were among the top gainers.
 "Dwarikesh Sugar, Shree Renuka: Why sugar stocks are buzzing in trade today")
