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Ponni Sugars (Erode) posts strong full year profit surge on electricity tariff win
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Ponni Sugars (Erode) posts strong full year profit surge on electricity tariff win
Ponni Sugars (Erode) Limited has reported a sharp jump in net profit for the financial year ended 31st March 2026, driven largely by an exceptional gain arising from a favourable electricity tribunal ruling. The company’s board approved the audited financial results at its meeting. For the full year, the company posted a profit after tax of Rs. 4,803 lakhs, more than doubling from Rs. 1,928 lakhs in the previous year. Total income from operation…
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