Operational performance highlights

Integrated Sugar Business

Our performance during FY 20 in the Sugar business endorses the success of our positive approach and business strategy. Our ability to think forward, and to do things differently, has helped us stay ahead – an edge that we strengthened further during the year to deliver a better than market performance.

The Sugar business has performed well during the year due to our continuous efforts in reducing the cost of sugar production as well as the stable sugar prices. Our focussed sugarcane development programme led to the achievement of almost 100% high yielding and high sucrose sugarcane varieties in our factory command area across all sugar units, which helped the farmers in procuring higher return from their farm while improving the Company’s profitability through improved sugar recoveries. Further, having the right mix of our Co-product capacities helps us to optimise our overall profitability. Our Alcohol business has aggressively participated in all tenders issued by the Oil Marketing Companies (OMCs) for procurement of ethanol, and has secured sizeable quantities. Both our distilleries have operated with B-heavy molasses successfully, encouraged by the Government policies. The performance of the co-generation power plants continued to be excellent, with very high uptime and reliable operations.