Uttam Sugar Mills has commissioned the ethanol distillery with 50 kilo litre per day (KLPD) capacity at Libberheri unit in Uttarakhand.
Uttam Sugar Mills consolidated net profit dropped 20.3% to Rs 27.83 crore on a 0.6% fall in net sales to Rs 553.36 crore in Q4 March 2021 over Q4 March 2020.
Uttam Sugar Mills is engaged in production of sugar, ethanol and generation of power. The company operates in three business segments: sugar, cogeneration and distillery.
Shares of Uttam Sugar Mills slipped 1.48% to Rs 272.60 on BSE. The stock hovered in the range of Rs 268.90 to Rs 282.65 so far.
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The Federal Investigation Agency (FIA) on Thursday grilled PML-N President Shehbaz Sharif’s son Hamza Shehbaz in the sugar scam. DawnNewsTV/File
LAHORE: The Federal Investigation Agency (FIA) on Thursday grilled PML-N President Shehbaz Sharif’s son Hamza Shehbaz in the sugar scam, asking him to tell who deposited large sums of money with his and his staff’s accounts.
Like his father, Hamza (the opposition leader in the Punjab Assembly) arrived at the FIA’s provincial headquarters on Temple Road with PML-N workers and provincial lawmakers to record his statement in the Rs25 billion money-laundering charges on him and members of his family in the sugar scandal.