Zuari Industries Limited (BSE: 500780, NSE: ZUARIIND), the flagship entity of the Adventz Group, has unveiled robust financial results for the quarter ended June 30, 2024. The company has showcased impressive growth in revenue and operational performance, underscoring its strong market position and strategic initiatives. Significant Revenue and EBITDA Growth Zuari Industries reported a notable […]
In a significant financial announcement, Dwarikesh Sugar Industries Ltd. has declared an ambitious buyback of its equity shares. This initiative aims to enhance shareholder value and optimize the company’s capital structure. With an approved buyback of 30,00,000 fully paid-up equity shares at a face value of Re. 1 each, at Rs. 105 per share, the […]
Dalmia Bharat Sugar and Industries has reported a profit after tax (PAT) of INR 65 crores in the third quarter of the fiscal year 2023 (Q3FY23), an increase of 15% compared to INR 57 crores in the same quarter of the previous fiscal year. The Indian sugar manufacturing company earned a total income of INR […]
Ugar Sugar Works said that it will invest INR 151 crores for an ethanol expansion project at its Ugar plant in Ugar Khurd in Belagavi district, Karnataka. As part of this, the Indian sugar manufacturer will set up a 200 kilo litre per day (KLPD) distillery at the Ugar sugar factory. The company’s current capacity […]
Uttam Sugar Mills Limited, a Noida-based refined sugar manufacturer, said that it has commissioned an ethanol distillery with 50 KLPD capacity at its sugar factory in Libberheri village in Haridwar district, Uttarakhand. The company had announced the distillery in August 2019. At that time, Uttam Sugar Mills had proposed a distillery with a capacity of […]
Shree Renuka Sugars Limited said that its board of directors has sanctioned an INR 450 crore capacity expansion of ethanol production from 970 Kilo Litre Per Day (KLPD) to 1,400 KLPD. In an earlier board meeting held in February 2021, it was decided that the company will undertake an expansion project to ramp up its […]
Isgec Heavy Engineering has bagged a contract to supply a slop fired boiler from an undisclosed company in the sugar industry for its distillery plant in India. The Indian heavy engineering company said that the slop fired boiler will enable the distillery plant to meet its target of zero liquid discharge, which will result in […]
Olam International will sell out it 50% stake in Indonesian sugar producer Far East Agri to its joint venture partner Mitr Phol Sugar for up to $85 million. The Singaporean food and agri-business company said that its exit from the Indonesian sugar joint venture aligns with its six-year strategic plan, which was announced in January […]
World Health Organisation says that refined white sugar can contribute to adverse health effects and it should be restricted in diet by 10 to 20 percent than the recommended usage as the risks may range from diabetes to cancer. Check out the sugar effects on health in this post. Harmful effects of Sugar An overload […]