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The latest update is out from Balrampur Chini Mills Ltd ( (IN:BALRAMCHIN) ).
Balrampur Chini Mills Limited reported a robust performance for Q2 FY26, with improvements in volumes and realizations across its sugar and distillery divisions. The company’s profitability benefited from a revision in power tariffs, and it is preparing for increased production volumes despite a decline in sugarcane area. The Indian government has allowed sugar exports, and the company anticipates a rebound in sugar production. However, challenges remain due to rising operational costs and stagnant ethanol prices, which could impact the financial health of sugar mills. The company announced an interim dividend and is progressing with its Polylactic Acid project, having spent significant amounts on its development.
More about Balrampur Chini Mills Ltd
Balrampur Chini Mills Limited is one of the largest integrated sugar manufacturing companies in India, focusing on sugar and distillery products. The company plays a significant role in the sugar industry, with a market focus on both domestic consumption and exports.
Average Trading Volume: 27,684
Technical Sentiment Signal: Sell
Current Market Cap: 87.42B INR
Learn more about BALRAMCHIN stock on TipRanks’ Stock Analysis page.