Sugar company Avadh Sugar & Energy announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Total Income in Q2FY25 at Rs 634 crore as against Rs 799 crore in Q2FY24. EBITDA in Q2FY25 at Rs 36 crore as against Rs 78 crore in Q2FY24. PAT in Q2FY25 at Rs 1 crore as against Rs 29 crore in Q2FY24. H1FY25 Financial Highlights: Total Income in H1FY25 at Rs 1,343 crore as against Rs 1,481 crore in H1FY24. EBITDA in H1FY25 at Rs 94 crore as against Rs 151 crore in H1FY24. PAT in H1FY25 at Rs 10 crore as against Rs 51 crore in H1FY24. C.S. Nopany, Co-Chairperson, Avadh Sugar & Energy, said: “The sugar season 2023-24 witnessed a subdued ethanol policy with the Government of India restricting the diversion of sugar into ethanol under the apprehension of shortage of sugar in the domestic markets. While these apprehensions were easily overcome, the projections for SS2024-25 remain cautiously optimistic. Our recent performance reflects the resilience of our business model, but the rising production costs and stagnant ethanol prices have created a critical need for timely policy interventions. These adjustments are essential to ensure the financial sustainability of mills, enable timely payments to farmers, and support the government's ambitious ethanol blending targets. By addressing these key issues, we can continue to strengthen our position in the market, improve profitability. At Avadh, we remain focused on long-term growth and are optimistic that with the right policy support, the sugar industry will continue to thrive, delivering value to all our stakeholders." Result PDF