Quarterly Updates22 Aug 2025, 05:04 pm
Kesar Enterprises Ltd. Reports Lower Sugar Production in FY 2024-25 Amidst Challenging Market Conditions
AI Summary
Kesar Enterprises Ltd. has reported a decrease in sugar production for the financial year 2024-25. The company crushed 34.78 lakh quintals less sugarcane due to lower yield and diversion of cane to other factories. The overall sugar recovery also decreased to 9.55%. The molasses production was less due to fewer crushing days. The power division generated less power and exported less to Uttar Pradesh Power Corporation Limited due to reduced power purchase rates. The financial performance showed a loss of Rs. 7262.40 lakhs as compared to a profit in the previous year. The outlook for 2025-26 suggests a steady sugar price and better operational margins.
Key Highlights
- Decrease in sugar production by 4.5 lakh quintals in FY 2024-25
- Lower sugarcane crushing due to excessive rainfall and cane diversion
- Decrease in overall sugar recovery to 9.55%
- Reduction in power export to Uttar Pradesh Power Corporation Limited
- Loss of Rs. 7262.40 lakhs in FY 2024-25 as compared to a profit in the previous year