Thursday 6 February 2014

Balrampur Chini Mills reports net loss of Rs 50.76 crore in Q3

Balrampur Chini Mills has reported results for third quarter ended December 31, 2013.

The company has reported a net loss of Rs 50.76 crore for the quarter as compared to net profit of Rs 60.22 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 27.28% at Rs 690.71 crore for quarter under review as compared to Rs 949.93 crore for the quarter ended December 31, 2012

Balrampur Chini is one of the largest integrated sugar manufacturers in India. Its business portfolio consists of manufacturing and marketing of sugar, ethyl alcohol, ethanol, generation and selling of power and also manufacturing and marketing of organic manure.

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