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HomeSugar Industry NewsBajaj Hindustan Sugar Q2 Loss Narrows to Rs 113 Cr

Bajaj Hindustan Sugar Q2 Loss Narrows to Rs 113 Cr

Mumbai, Nov 11 (PTI) Bajaj Hindustan Sugar on Thursday reported narrowing of its consolidated loss to Rs 113.01 crore during the quarter ending September.

The company’s loss during the corresponding quarter of the previous fiscal stood at Rs 159.71 crore, Bajaj Hindustan Sugar said in a BSE filing.

Revenue from operations of the company during the quarter under review declined by 14.37 per cent to Rs 1,344.14 crore compared to Rs 1,569.75 crore in the same period of the previous financial year.

Meanwhile, the company also announced the appointment of Ramani Ranjan Mishra as Nominee Director of Punjab National Bank (PNB) on the board of the company with effect from November 11, 2021.

Shares of the company on Thursday closed at Rs 14.69, up 0.69 per cent on BSE.

The above news was originally posted on www.latestly.com

Sugar Times Team
Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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