Mawana Sugars has released its quarterly results on Saturday. Along with the results, the company has also announced dividend. In the information sent to the stock market, the company said that the Board of Directors has announced an interim dividend of Rs 3 per share to its shareholders for the financial year 2024-25. The company has fixed 23 November 2024 as the record date for the dividend. Along with this, the company has informed that the interim dividend will be paid on or before 8 December 2024. The company has released its results on Saturday. Earlier on Friday, the stock of Mawana Sugars closed at 105.25 with a decline of more than half a percent.

How were the results?

 

The consolidated income of the company during the quarter was Rs 382.5 crore, which was Rs 380.77 crore a year ago. However, other income has come down from Rs 26 crore to Rs 43 lakh. At the same time, the total expenses of the company have come down from Rs 425 crore to Rs 409 crore. The company has informed that the company's loss during the quarter was Rs 20 crore, which was Rs 11 crore a year ago. How was the stock performance? On Friday, the stock of Mawana Sugars closed at 105.25 with a decline of more than half a percent. During trading, the stock slipped to the level of 103. The highest level of the stock of the year is 136.85, which was seen on 30 August 2024. At the same time, the lowest level of the year is 83, which was recorded on 27 March 2024. A year ago, the stock was at the level of 100.