July 30, 2014 2:10 PM ET

Food Products

Company Overview of JK Sugar Limited

Company Overview

JK Sugar Limited engages in the manufacture and sale of sugar in India. The company operates an integration sugar plant at the sugarcane belt of Uttar Pradesh that crushes sugar-cane to produce crystal white sugar. It is also involved in the co-generation of green power from bagasse, a byproduct of sugar production for supplying to the state electricity grid. The company was founded in 1996 and is based in New Delhi, India. As of July 16, 2013, JK Sugar Limited operates as a subsidiary of Dhampur Sugar Mills Limited.

Link House 3

4th Floor

Bahadur Shah Zafar Marg

New Delhi,  110002

India

Founded in 1996

Phone:

91 11 2331 1112

Fax:

91 11 2371 6607

Key Executives for JK Sugar Limited

Whole Time Director
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2014.

JK Sugar Limited Key Developments

J K Sugar Limited Reports Unaudited Earnings Results for the Fourth Quarter and Audited Earnings Results for the Full Year Ended March 31, 2013

J K Sugar Limited reported unaudited earnings results for the fourth quarter and audited earnings results for the full year ended March 31, 2013. For the quarter, the company reported total income from operations (net) of INR 334.849 million compared to INR 966.864 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 49.157 million compared to INR 29.523 million a year ago. Profit from ordinary activities before tax was INR 13.207 million compared to loss from ordinary activities before tax of INR 83.318 million a year ago. Net profit for the period was INR 8.343 million or INR 0.40 per basic and diluted share, compared to net loss of INR 83.318 million or INR 8.02 per basic and diluted share, a year ago. For the year to date, the company reported total income from operations (net) of INR 1,067.37 million compared to INR 1,605.843 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 24.905 million compared to loss of INR 40.639 million a year ago. Loss from ordinary activities before tax was INR 95.599 million compared to loss from ordinary activities before tax of INR 214.31 million a year ago. Net profit for the period was INR 3.535 million compared to net loss of INR 214.31 million a year ago. Basic and diluted loss per share was INR 0.88 against INR 20.68 a year ago.

J K Sugar Limited, Board Meeting, May 21, 2013

J K Sugar Limited, Board Meeting, May 21, 2013. Agenda: To consider audited results.

J K Sugar Limited Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012

J K Sugar Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations was INR 137.3 million against INR 372.2 million for the same period a year ago. Loss from operations before other income, finance cost and exceptional items was INR 14 million against INR 16.2 million for the same period a year ago. Loss from ordinary activities before tax was INR 40 million against INR 35.8 million for the same period a year ago. Net loss was INR 25.7 million or INR 2.43 per basic and diluted share before and after extraordinary items against INR 35.8 million or INR 3.45 per basic and diluted share before and after extraordinary items for the same period a year ago. For the nine months, the company reported net sales/income from operations was INR 731.7 million against INR 622.5 million for the same period a year ago. Loss from operations before other income, finance cost and exceptional items was INR 25.3 million against INR 70.2 million for the same period a year ago. Loss from ordinary activities before tax was INR 108.8 million against INR 131 million for the same period a year ago. Net loss was INR 4.8 million or INR 1.28 per basic and diluted share before and after extraordinary items against INR 131 million or INR 12.64 per basic and diluted share before and after extraordinary items for the same period a year ago.

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