In an interview to CNBC-TV18, Niraj Shirgaokar, MD of Ugar Sugar Works spoke about the results and his outlook for the company.

Working to offload existing stock, expect better Q4: Ugar Sugar

Ugar Sugar looks to offload last year stock and expects a better result in Q4, says MD Niraj Shirgaokar.

Farmers paid directly into their accounts for cane: Ugar Sugar

Demonetisation has not impacted Ugar Sugar much as payments for cane are directly made in to the farmers account, says Niraj Shirgaokar, MD of company.

Sugar demand, prices to pick up in Sep, Dec quarters: Ugar Sugar

Demand has been weak but in Q2 and Q3 of the year -- as the festival season comes -- Niraj Shirgaokar, MD of Ugar Sugar Works expect the demand to pick up, which will lead to price increase.

Drought may keep sugar crop volumes down: Ugar Sugar

The prevailing drought conditions will bring down volumes to 12-13 lakh tonnes from earlier expectation of 18 lakh tonnes, says PV Shirgaokar, Chairman of Ugar Sugar Works.

May sell Jewargi unit if right price is offered: Ugar Sugar

Ugar Sugar Work's Jewargi Unit is under losses but the unit has performed well during the season 2009-10. In spite of that there have been talks that the company is planning to sell off the Jewargi unit for a better offered price.