Bajaj Hindustan Sugar Q2 result: Loss narrows to Rs 76 cr on lower expenses

Q: How long will it take to read this news story?

The story "Bajaj Hindustan Sugar Q2 result: Loss narrows to Rs 76 cr on lower expenses" has 319 words across 12 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Bajaj Hindustan Sugar Q2 result: Loss narrows to Rs 76 cr on lower expenses" was covered 2 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 304 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23469225</li><li>URL: https://beamstart.com/news/bajaj-hindustan-sugar-q2-result-17310613452528</li></ul>

Business Standard Logo Business Standard 2w ago

Bajaj Hindustan Sugar Q2 result: Loss narrows to Rs 76 cr on lower expenses - Business Standard

Quick Summary:

Bajaj Hindustan Sugar, on Friday reported narrowing of consolidated loss to Rs 76.17 crore for September quarter, helped by lower expenses and complete repayment of sustainable debt.

Despite positive EBITDA, the company faced operational challenges including lower sugarcane availability, under-capacity utilization, and reduced by-product production, primarily due to delayed cane payments to farmers.

The country's largest integrated sugar producer, which accounts for 14 per cent of Uttar Pradesh's cane crushing, incurred a loss of Rs 122.59 crore a year ago.