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Balrampur Chini Mills reports net loss of Rs 65.69 crore in Q3

06 Feb 2015 Evaluate

Balrampur Chini Mills has reported results for third quarter ended December 31, 2014.

The company has reported a net loss of Rs 65.69 crore for the quarter under review as compared to a net loss of Rs 50.76 crore for the same quarter in the previous year. However, total income of the company increased by 21.30% at Rs 844.62 crore for Q3FY15 as compared Rs 696.29 crore for the corresponding quarter previous year.

Balrampur Chini is one of the largest integrated sugar manufacturers in India. Its business portfolio consists of manufacturing and marketing of sugar, ethyl alcohol, ethanol, generation and selling of power and also manufacturing and marketing of organic manure.

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