https://www.taxtmi.com/news?id=61296 Consolidated net profit for the quarter fell year on year because a substantially higher tax outgo offset operational gains: revenue rose driven by sugar and distillery growth and profit before tax improved, but a larger tax charge reduced net earnings. The company declared an interim dividend. Management noted an expected rebound in sugar production, referenced permitted exports and closing stock projections, and urged revisions to ethanol prices and minimum sugar sale prices to support sector liquidity and timely farmer payments. en-us Tue, 11 Nov 2025 18:01:06 +0530 Tue, 11 Nov 2025 18:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61296 Consolidated net profit for the quarter fell year on year because a substantially higher tax outgo offset operational gains: revenue rose driven by sugar and distillery growth and profit before tax improved, but a larger tax charge reduced net earnings. The company declared an interim dividend. Management noted an expected rebound in sugar production, referenced permitted exports and closing stock projections, and urged revisions to ethanol prices and minimum sugar sale prices to support sector liquidity and timely farmer payments. News - Tue, 11 Nov 2025 18:01:06 +0530 https://www.taxtmi.com/news?id=61296