Jagatjit Industries Launches Commercial Production at New 200 KLPD Ethanol Plant
Jagatjit Industries has commenced commercial production at its new grain-based ethanol distillery plant with a capacity of 200 Kilo Liters Per Day (KLPD). This expansion aligns with the growing demand for ethanol, particularly driven by the government's push for ethanol blending in petrol. The new facility is expected to boost the company's ethanol production capabilities, potentially increasing revenue streams, diversifying its product portfolio, and strengthening its position in the ethanol market.
17May 25
Jagatjit Industries Reports Q4 Loss Amid Revenue Decline
Jagatjit Industries, a major player in the Indian liquor and food industry, has released its Q4 financial results showing significant challenges. Revenue decreased by 6.79% to ₹1.51 billion from ₹1.62 billion in the previous year. The company reported an EBITDA loss of ₹61 million, compared to a gain of ₹48 million last year. Net loss stood at ₹68 million, contrasting with a profit of ₹20 million in the same quarter last year. These results indicate operational difficulties and profitability concerns for the company.