Upper Ganges Sugar & Industries Limited declares its 2nd Quarter Financial Results for the quarter ended 31st December 2009.
Kolkata, 29th January, 2010
Upper Ganges Sugar & Industries Ltd. (UGSIL), belonging to the K.K. Birla Group, is amongst the most efficient and rapidly expanding companies in the Sugar Industry. UGSIL owns three sugar factories at Seohara (U.P.), at Sidhwalia (Bihar) and at Hasanpur (Bihar) with an aggregate crushing capacity of about 18,000 tonnes of sugarcane per day, a distillery of 100 KLPD at Seohara (U.P.) and Tea Estate in Upper Assam – Cinnatolliah Tea Garden. The Company also has an aggregate Co-generation capacity of 42MW at two of its sugar mills at Seohara and Sidhwalia.
Bharat Sugar Mills, Sidhwalia a unit of Upper Ganges Sugar & Industries Ltd [UGSIL] has been granted ISO-2008 certification for the manufacture and sale of sugar and its by-products by SGS United Kingdom Ltd., U.K.
The Board of Directors of UGSIL at its meeting held on the 29th January, 2010 approved the Unaudited Financial Results for the quarter ended 31st December, 2009.
FINANCIALS AT A GLANCE
Rs. in lacs
Particulars
2nd quarter ended 31.12.2009
2nd quarter ended 31.12.2008
Year ended
30.06.2009
Gross Sales
6543.50
13212.07
46106.33
Profit/(Loss)Before Depreciation and Tax (PBDT)
235.53
1266.46
3437.81
Net Profit /(Loss)
(282.27)
456.94
626.94
EPS (Rs.) (Not annualised)
(2.44)
3.95
5.42
The Company’s shares are listed at the NSE, BSE and CSE and are actively traded.
For Upper Ganges Sugar & Industries Limited:
Kavita Bhavsar
Assistant Company Secretary
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