Results     22-May-10
Announcements
Uttam Sugar Mills reports net loss of Rs 55.40 crore in the March 2010 quarter
Sales decline 29.25% to Rs 65.29 crore
Uttam Sugar Mills reported net loss of Rs 55.40 crore in the quarter ended March 2010 as against net loss of Rs 1.31 crore during the previous quarter ended March 2009. Sales declined 29.25% to Rs 65.29 crore in the quarter ended March 2010 as against Rs 92.28 crore during the previous quarter ended March 2009.

For the audited full year, net loss reported to Rs 44.07 crore in the year ended March 2010. Sales reported to Rs 491.69 crore in the year ended March 2010. The company has changed its year end from December 2009 to March 2010 and the value given for the full year ended March 2010 is for the period of 15 months. Hence, the full year is not comparable.

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