Avadh Sugar & Energy has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a net loss of Rs 39.35 crore for the quarter ended March 31, 2018 as compared to a net profit of Rs 79.75 crore for the same quarter in the previous year. The total income of the company has decreased by 26.19% at Rs 446.45 crore for quarter under review as compared to Rs 604.85 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a fall of 56.64% in its net profit at Rs 88.16 crore as compared to Rs 203.32 crore for the same period in the previous year. However, total income of the company increased by 19.90% at Rs 2372.57 crore for year under review as compared to Rs 1978.86 crore for the period ended March 31, 2017.
