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Posted profit of Rs 71.9 crore

Simbhaoli Sugar, the country’s second largest refiner, has posted a net profit of Rs 71.9 crore in the second quarter of the current financial year as against Rs 29.1 crore loss in the corresponding quarter of the previous year. Backed by high sugar prices, the company’s net sales rose 62.2 per cent to Rs 706.5 crore compared with Rs 435.5 crore. - Simbhaoli Sugars to commercialise hybrid cane with 20% higher output - Simbhaoli Sugars back in black with Rs 72 cr profit - Listed banks" bad debt rises by Rs 4,000 cr - 'Inflation has become a bigger concern' - Capital inflows lessen external sector blues - Growth forecast falls to 6% in RBI survey Company’s financials are expected to improve further in coming quarters because of its increased focus on refined sugar production.


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