Mawana Sugars Q3 FY10 Results : Turnaround

by khalid on 08/02/2010 · 0 comments

Mawana Sugars Ltd. is engaged in the business of producing sugar and related products. The company manufactures and markets sugar using the brand name Mawana. The manufacturing units are located in Mawana, Titawi, and Nanglamal. The company has posted a turnaround in net profit for the period Q3 (ending Dec 09) of the current fiscal (FY10). During the said quarter, net profit of the company has come to Rs 14.05 crores in comparison to Rs 24.02 crores loss of Q3 (ending Dec 08) of previous year(FY09).

The company informed the market that the net sales increased 74.24% to Rs 244.18 crores in Q3 FY10 when compared with the same quarter Q3 FY09 of previous year. Net sales was Rs 140.14 crores in last year’s same quarter.

Share’s Data :
BSE Code : 523371
ISIN Demat: INE255G01019
Mkt. Cap: Rs 127 Crores
P/E Ratio: -2.25
EPS (Rs): -16.37
Face Value : Rs 10
Last bonus : 1:5 in Mar 1998
Last Dividend : 10% in May 2006
52 Week H/L : Rs 52.50 / 14.10
Mawana Sugars Ltd. share’s CMP is Rs 36.55 on 8th Feb 2010.

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