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Q1FY24 Quarterly Result Announced for Avadh Sugar & Energy Ltd.

Avadh Sugar & Energy announced Q1FY24 results: Revenue from operations in Q1FY24 at Rs 682 crore as against Rs 688 crore in Q1FY23, lower due to lower allotment of domestic quota of sugar. EBITDA in Q1FY24 at Rs 73 crore as against Rs 64 crore in Q1FY23, YoY growth of 14%. Higher crushing in SS 2022-23 at 602 lakh quintals, as against 534 lakh quintals in SS 2021-22, an increase of 13%. Commenting on the results, C.S. Nopany, Co-Chairperson, Avadh Sugar & Energy, said: “Despite initial expectations, SS 22-23 has experienced a lower-than-anticipated, domestic sugar production and a notable decline in overall exports. Ethanol has become a mainstay of the Sugar Industry and has not only helped the energy security of the country but has also helped us transform from a sugar company into a bio-fuels organization. At Avadh, we have embraced this transformation, and this is visible in our evolving revenue mix, enhanced margins, and improved leverage. We continue to invest our efforts at cost and production optimization to help deliver strong returns to our stakeholders, keeping a balance between growth and deleveraging.” Result PDF
04-08-2023
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Avadh Sugar & Energy Ltd - 540649 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 please find enclosed copies of the Newspaper Advertisements published in the The Business Standard in English & Hindi (Lucknow Edition) on Friday, August 4, 2023.
04-08-2023
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Avadh Sugar & Energy Ltd - 540649 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release in respect of the Unaudited Financial Results of the Company for the quarter ended June 30, 2023
03-08-2023
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Avadh Sugar & Energy Ltd - 540649 - Announcement under Regulation 30 (LODR)-Investor Presentation

Investor Presentation with respect to Financial Highlights of the quarter ended June 30, 2023
03-08-2023
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Avadh Sugar & Energy Ltd - 540649 - Unaudited Financial Results For The Quarter Ended 30Th June 2023

Pursuant to Regulation 30 and 33 of SEBI (LODR) Regulations, 2015 we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. August 3, 2023 has inter-alia considered and approved the Unaudited Financial Results for the quarter ended June 30, 2023
03-08-2023
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Avadh Sugar & Energy Ltd - 540649 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

The 9th Annual General Meeting (''AGM'') of the Company was held today i.e. Wednesday, July 26, 2023 at 11:00 a.m. through two way Video Conference(VC)/Other Audio-Visual Means (OAVM), without the physical presence of its Members at a common venue, to transact the business as stated in the AGM Notice dated May 8, 2023 (''Notice''). All the items of business contained in the Notice were transacted and passed by the Members with the requisite majority. In this regard please find enclosed the following: 1. Combined voting results of remote e-voting and e-voting conducted during the AGM, in relation to the business transacted at the AGM, as required under Regulation 44(3) of SEBI (LODR) Regulations, 2015. 2. The Scrutinizers Report dated July 26, 2023 , pursuant to Sec 108 of the Act read with Rule 20 of the Companies (Management and Administration) Rules, 2014. The above is for your information and records.
26-07-2023
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Avadh Sugar & Energy Ltd - 540649 - Shareholder Meeting / Postal Ballot-Outcome of AGM

The 9th Annual General Meeting (''AGM'') of the Company was held today i.e. Wednesday, July 26. 2023 at 11:00 a.m. (IST) through two-way Video Conference (VC)/Other Audio-Visual Means(''OAVM''), without the presence of its Members at a common venue, to transact the business as stated in the AGM Notice dated May 8, 2023 (''Notice''). All the items of business contained in the Notice were transacted and passed by the Members with the requisite majority.
26-07-2023
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Avadh Sugar & Energy Ltd - 540649 - Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results Of The Company For The Quarter Ended 30Th June, 2023.

Avadh Sugar & Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2023 ,inter alia, to consider and approve the Unaudited Financial Results of the Company for the quarter ended 30th June, 2023.
25-07-2023
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Avadh Sugar & Energy Ltd - 540649 - Intimation Of Book Closure

The Register of Members and Share Transfer Books of the Company will be closed from Thursday, July 20, 2023 to Wednesday, July 26, 2023 for the purpose of AGM.
15-07-2023
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