India's Bannari Amman Sugars rises on Q2 profit jump

Bannari Amman Sugars

26/10/2023 05:06

** Shares of Bannari Amman Sugars  BANN.NS  rise as much as
7% to 2741.9 rupees, highest since Sept 22
    ** The sugar manufacturer posted a 81.3% jump in September
quarter profit to 488.1 mln rupees ($5.87 million)
    ** Rev from ops rose 17.6% to 6 bln rupees 
    ** Stock up 4.4% as of 9:32 a.m. IST, trimming YTD losses to
~4%


($1 = 83.2200 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))