Pasupati Acrylon Secures 9,798 KL Ethanol Allocation for Q3 2024-25, Valued at ₹63 Crore
Pasupati Acrylon Limited has been allocated 9,798 kilolitres of ethanol supply for the third quarter of the Ethanol Supply Year 2024-25 (May to July 2025) by major Oil Marketing Companies. The contract, valued at approximately ₹63 crore, is part of India's Ethanol Blended Petrol Programme. The ethanol will be produced from damaged food grains, surplus FCI rice, and maize, aligning with the country's sustainable fuel production goals.
Pasupati Acrylon has been awarded a contract to supply 9,798 kilolitres of ethanol to major oil marketing companies in India, including BPCL, IOCL, and HPCL. The contract, valued at Rs. 63.00 crore, covers the period from May 2025 to July 2025. The ethanol will be produced from damaged food grains, surplus FCI rice, and maize, aligning with the Ethanol Blended Petrol Programme. The company has confirmed no promoter interest in the awarding entities and that the contract is not a related party transaction.
18Jun 25
Pasupati Acrylon Resumes Operations Following Fire Incident
Pasupati Acrylon Ltd, an acrylic fiber manufacturer, has restarted its manufacturing operations following a temporary suspension due to a fire in its cooling tower. The company swiftly addressed the issues arising from the incident, demonstrating efficient crisis management. This resumption signals a return to normal operations, which is crucial for maintaining the company's market position and fulfilling supply commitments.
19May 25
Pasupati Acrylon Reports Q4 Results: EBITDA and Net Profit Decline Amid Revenue Dip
Pasupati Acrylon, an acrylic fiber manufacturer, released Q4 results showing declines across key metrics. Revenue fell 5.56% to ₹170.00 crore, EBITDA dropped 15.53% to ₹13.60 crore, and net profit decreased 9.60% to ₹11.30 crore compared to the previous year's Q4. Full-year results were more severe, with revenue down 29.94% to ₹586.00 crore, EBITDA declining 53.95% to ₹26.80 crore, and net profit falling 63.23% to ₹13.20 crore year-over-year.
25Mar 25
Pasupati Acrylon Secures Significant Ethanol Supply Allocation for 2024-25
Pasupati Acrylon Limited has been allocated substantial ethanol supply contracts under the Ethanol Blended Petrol Programme for 2024-25. The company will supply 3,450 KL in Q2 and 12,375 KL in Q4, with a total estimated value of Rs. 109.11 crore. The ethanol will be produced from damaged food grains and surplus FCI rice. This marks Pasupati Acrylon's entry into the ethanol market, diversifying its product portfolio and contributing to India's renewable energy initiatives.
25Mar 25
Pasupati Acrylon Secures Significant Ethanol Supply Allocation for Q2 and Q4 2024-25
Pasupati Acrylon Limited has received a significant ethanol supply allocation from major Oil Marketing Companies for the Ethanol Supply Year 2024-25. The total allocation is 15,825 KL of ethanol, valued at approximately Rs. 109.11 crore. The allocation is split between Q2 (3,450 KL) and Q4 (12,375 KL) of ESY 2024-25. The ethanol will be produced from damaged food grains and surplus FCI rice, aligning with India's Ethanol Blended Petrol Programme. The allocation for Q3 is still pending. This development is expected to positively impact the company's revenue for FY 2024-25.
11Mar 25
Pasupati Acrylon Completes 150 KL Per Day Grain-Based Ethanol Plant, Boosting Production Capacity
Pasupati Acrylon Limited (PAL) has completed construction of a new grain-based ethanol plant with a capacity of 150 KL per day. The company, valued at 390 crore rupees, is currently conducting trials and final testing. Commercial production start date will be announced later. This move diversifies PAL's portfolio beyond acrylics and aligns with India's biofuel goals.