Keep an eye on KCP Sugar & Industries Corporation
DSIJ Intelligence / 07 Dec 2016
KCP Sugar & Industries Corporation has declared its production and sales data for month of November, 2016. The company produced Bio-Fertiliser of 155 Qtls, Bio-Compost of 1593.5 tonne and calcium 15.4 tonne.
KCP Sugar & Industries Corporation has declared its production and sales data for month of November, 2016. The company produced Bio-Fertiliser of 155 Qtls, Bio-Compost of 1593.5 tonne and calcium 15.4 tonne.
KCP Sugar & Industries Corporation’s cumulative production of sugar from start of FY17 stands at 96007 Qtls with sales of 681042 Qtls. The company’s molasses production and sales stand at 6300.15 tonne and 31927.48 respectively. It has produced about power of 5582800 lakh Kwh, sold power of 1835041 lakh Kwh.
KCP Sugar & Industries Corporation’s industrial alcohol and ethanol production stands at 6498936 BL and 5415000 BL, respectively. The sales of these products stand at 26573 BL and 5261750 BL respectively. Its Bio-compost’s production and sales remained at 1314231 tonne and 12613.189 tonne, respectively, for first eight months of FY17.
On the financial front, KCP Sugar & Industries Corporation’s revenue has increased by 11.86 per cent to Rs 124 crore in Q2FY17 as compared to same period in previous financial year. However, the company’s net profit has declined by 15.19 per cent to Rs 14.4 crore in Q2FY17 on a yearly basis.
The share price of KCP Sugar & Industries Corporation has decreased by 2.14 per cent on bourses and closed at Rs 27.45 on an intraday basis.
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