Bannari Amman Sugars Reports 137% Surge in Q1 Net Profit, Revenue Rises 5%
Bannari Amman Sugars Limited has reported a significant increase in its Q1 financial performance. Net profit surged 137% YoY to ₹152.00 crore, while revenue grew 5% to ₹420.00 crore. EBITDA increased to ₹36.60 crore, with the EBITDA margin improving to 8.73%. The sugar segment, the company's primary business, showed robust growth of 7.40% YoY. Profit Before Tax rose to ₹24.30 crore from ₹9.82 crore, and finance costs reduced significantly to ₹1.05 crore from ₹6.48 crore.
Bannari Amman Sugars announced impressive Q4 financial results, with revenue rising 17.34% to ₹4.94 billion and net profit soaring 61.28% to ₹351.60 million year-over-year. EBITDA increased to ₹530.20 million, though the EBITDA margin slightly decreased. The company recommended a dividend of ₹12.50 per equity share, reflecting its strong performance and commitment to shareholder returns.