HomeNewsBusinessEarningsSugar output may increase by 15-20% in FY11: Sakthi Sugars

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Sugar output may increase by 15-20% in FY11: Sakthi Sugars

M Manickam, managing director of Sakthi Sugars, said that the sugar output is likely to increase by 15-20% this year and sugar price will rise by Rs 1-2.

August 11, 2011 / 18:24 IST

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Sakthi Sugars has announced its first quarter (April to June) results. The company has reported a net loss of Rs 10.4 crore for the quarter versus Rs 16.7 crore for the corresponding quarter last year. Its Q1FY11 net sales stood at Rs 355 crore versus Rs 458 crore.

Speaking to CNBC-TV18

TAGS: #M Manickam #Q1 #Results Boardroom #Sakthi Sugars #sugar output #Sugar price

first published: Aug 11, 2011 03:20 pm

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