Bajaj Hindusthan Sugar Ltd, India’s leading sugar and ethanol manufacturing company, announced a consolidated net loss of Rs 122.87 crore in the second quarter of the current fiscal year. This is an improvement from the net loss of Rs 162.37 crore in the same period last year. According to a regulatory filing, the company’s total income declined to Rs 1,163.30 crore in the July-September period of 2023-24 fiscal, down from Rs 1,329.99 crore in the corresponding period of the previous year.
Headquartered in Mumbai, Bajaj Hindusthan Sugar Ltd is part of the Bajaj Group (Kushagra) and operates 14 sugar plants in Uttar Pradesh. Despite the recent financial loss, the company continues to play a significant role in India’s sugar and ethanol production industry.
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