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Simbhaoli Sugar Standalone September 2024 Net Sales at Rs 161.57 crore, down 37.44% Y-o-Y

Simbhaoli Sugars reported a 37.44% decline in net sales to ₹161.57 crore in Q2 FY24. Net loss reduced to ₹9.68 crore, improving 75.41% from ₹39.35 crore in Q2 FY23. EBITDA remained negative at ₹2.54 crore. Shares declined 24.08% in 6 months, reflecting ongoing financial challenges.

Reported Standalone quarterly numbers for Simbhaoli Sugars are:Net Sales at Rs 161.57 crore in September 2024 down 37.44% from Rs. 258.27 crore in September 2023.
Quarterly Net Loss at Rs. 9.68 crore in September 2024 up 75.41% from Rs. 39.35 crore in September 2023.
EBITDA stands negative at Rs. 2.54 crore in September 2024 up 90.1% from Rs. 25.65 crore in September 2023.Simbhaoli Sugar shares closed at 21.41 on November 19, 2024 (NSE) and has given -24.08% returns over the last 6 months and -27.30% over the last 12 months.

Simbhaoli SugarsStandalone Quarterly Resultsin Rs. Cr.
Sep’24Jun’24Sep’23Net Sales/Income from operations161.57278.17258.27Other Operating Income——Total Income From Operations161.57278.17258.27EXPENDITUREConsumption of Raw Materials0.851.121.13Purchase of Traded Goods15.4624.2316.18Increase/Decrease in Stocks121.92216.43231.02Power & Fuel0.534.16–Employees Cost13.3913.9114.79Depreciation7.016.936.97Excise Duty——Admin. And Selling Expenses——R & D Expenses——Provisions And Contingencies——Exp. Capitalised——Other Expenses17.3920.1025.84P/L Before Other Inc. , Int., Excpt. Items & Tax-14.98-8.72-37.66Other Income5.434.255.05P/L Before Int., Excpt. Items & Tax-9.55-4.47-32.62Interest0.136.736.73P/L Before Exceptional Items & Tax-9.68-11.20-39.35Exceptional Items——P/L Before Tax-9.68-11.20-39.35Tax——P/L After Tax from Ordinary Activities-9.68-11.20-39.35Prior Year Adjustments——Extra Ordinary Items——Net Profit/(Loss) For the Period-9.68-11.20-39.35Equity Share Capital41.2841.2841.28Reserves Excluding Revaluation Reserves——Equity Dividend Rate (%)——EPS Before Extra OrdinaryBasic EPS-2.34-2.71-9.53Diluted EPS-2.34-2.71-9.53EPS After Extra OrdinaryBasic EPS-2.34-2.71-9.53Diluted EPS-2.34-2.71-9.53Public Share HoldingNo Of Shares (Crores)——Share Holding (%)——Promoters and Promoter Group Shareholdinga) Pledged/Encumbered– Number of shares (Crores)——- Per. of shares (as a % of the total sh. of prom. and promoter group)——- Per. of shares (as a % of the total Share Cap. of the company)——b) Non-encumbered– Number of shares (Crores)——- Per. of shares (as a % of the total sh. of prom. and promoter group)——- Per. of shares (as a % of the total Share Cap. of the company)——Source : Dion Global Solutions Limited

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Source LInk : Money Control

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