New Delhi: The sudden ban on the use of cane juice for the production of ethanol has put at risk the Rs 15,000 crore investment made by the sugar industry in the last three years, the Indian Sugar Mill Association (ISMA) said, a media report said.
India to Chair the International Sugar Organisation (ISO) in 2024
New Delhi: India will be the Chair of the International Sugar Organisation (ISO) for the year 2024, the London-headquartered organization announced during its 63rd council meeting.
Magadh Sugar & Energy FY23 PAT grows 9% to Rs 50 cr
Kolkata: Magadh Sugar & Energy Limited (MSEL) said its Profit After Tax (PAT) for FY 23 amounted to Rs 50.26 crores, showing a 9% increase compared to Rs. 46.02 crores in FY 22.
Magadh Sugar & Energy Ltd Q2FY23: PAT stood at Rs 6.69 cr, ethanol sales at Rs 69.89 lakh liters
Mumbai/IBNS: Magadh Sugar & Energy Limited (MSEL) (BSE: 540650 / NSE: MAGADSUGAR) reported a PAT of Rs 6.69 crores as against Rs 3.02 crores in Q2FY22.
Centre approves FRP of Rs 305 per quintal for sugarcane for 2022-23 season
New Delhi/UNI: The government on Wednesday approved Rs 305 per quintal as Fair and Remunerative Price (FRP) for sugarcane for sugar season 2022-23 (October-September).
Avadh Sugar & Energy posts PAT of Rs 51 cr in Q4FY22, ethanol capacity reaches 325 KLPD
Kolkata: Avadh Sugar & Energy Limited (ASEL) (BSE: 540649 / NSE: AVADHSUGAR) posted a profit after tax (PAT) of Rs 51 crores for the quarter ended March 31, 2022.
Sugar prices to go up as demand from bulk buyers rise
New Delhi/IBNS: Sugar Prices in India are likely to shoot up due to bulk demand triggered by increased consumption of ice cream, cold drinks, sweets after two years of lull caused by the Covid-19 pandemic restrictions.
Indian sugar mills reduce exports amid falling prices, strengthening rupee: Report
Mumbai/IBNS: The mill owners in India are deferring the signing of new sugar export contracts due to big differences between local and global rates triggered by decline in global prices and appreciation in the value of the rupee, Reuters reported.
Centre doubles incentive on sugar sacrificed for producing ethanol
New Delhi/IBNS: The Centre has increased the incentive on sugar sacrificed for producing ethanol from B-heavy molasses/sugarcane juice/sugar syrup/sugar has been doubled from October 2021, onwards in their monthly release quota, Ministry of Consumer Affairs, Food & Public Distribution said in a release.
India's sugar production increases by 38.88 lac tons to 208.89 lac tons till Feb 15 in 2020-21 SS
Kolkata/IBNS: The sugar production by Indian sugar mills till Feb 15 in the 2020-21 Sugar Season (SS) increased by 38.88 lac tons to 208.89 lac tons as compared to 170.01 lac tons produced on the corresponding date of last year, according to Indian Sugar Mills Association (ISMA).
India's sugar production increases by 27.96 lac tons during 2020-21 SS to 73.77 lac tons
Kolkata/IBNS: The sugar production for the year 2020-21 Sugar Season (SS) has been 73.77 lac tons, 27.96 lac tons higher than the sugar production on the corresponding date of previous sugar season of 45.81 lac tons of sugar.
Indian sugar production doubles to 42.90 lac tons in 2020
New Delhi/IBNS: India's sugar production more than doubled to 42.90 lac tons as of November 30, 2020 as compared to last season’s production of 20.72 lac tons for the corresponding period, due to earlier start of sugarcane crushing this season, according to Indian Sugar Mills Association (ISMA).
Sugar prodcution in India drops as of April this year compared to same period last year
New Delhi/IBNS: Sugar mills across India have produced 247.80 lakh tonnes of sugar as of April 15, 2020, which is nearly 64 lakh tonne less compared to 311.75 lakh tonnes produced at the same time last year, according to a press release by Indian Sugar Mills Association (ISMA), a group consisting of stakeholders of the country's sugar industry.
Total income of Magadh Sugar & Energy Ltd touches Rs 282 crore in Q3 FY 20
Kolkata/IBNS: The Board of Directors of Magadh Sugar & Energy Limited (MSEL) (BSE: 540650 / NSE: MAGADSUGAR) at its meeting held recently took on record the Unaudited Financial Results for the quarter ended 31 st December,2019.
Total income of Avadh Sugar & Energy Ltd touches Rs 872 crore in Q3 FY 20
Lucknow/IBNS: The Board of Directors of Avadh Sugar & Energy Limited (ASEL) (BSE:540649 / NSE: AVADHSUGAR) at recently held board meeting took on record the un-audited Financial Results for the Ninemonthsand Quarterended December 2019.