Ponni Sugars (Erode) Ltd. is involve in to manufacture of sugar and its by products. The company manufactures cane sugar, cane molasses and bagasse. The company has posted a phenomenal increase in net profit for the period Q3 (ending Dec 09) of the current fiscal (FY10). During the said quarter, net profit zooms 515.63% to Rs 17.73 crores in comparison to the Rs 2.88 crores of Q3 (ending Dec 08) of previous year(FY09).

The company informed the market(BSE) that the net sales too increased 150.36% to Rs 89.63 crores in Q3 FY10 when compared with the same quarter Q3 FY09 of previous year. Net sales was Rs 35.80 crores in last year’s quarter.

Share’s Data :
BSE Code : 532460
Mkt. Cap: Rs 126 Crores
P/E Ratio: 10.40
EPS (Rs): 14.26
Face Value : Rs 10
Last Dividend : 25% in June 2009
52 Week H/L : Rs 175.00 / 25.10
Ponni Sugars (Erode) Ltd. share’s CMP is Rs 147.00 on 29th Jan 2010

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