Upper Ganges Sugar Live Equity Market Prices, Charts

Upper Ganges Sugar & Industries (UPPERGA), part of the K.K. Birla group, is primarily engaged in the business of manufacturing sugar and tea. It was incorporated on Aug. 10, 1932 and got its current name on Sept. 3, 1984. The company produces sugar, molasses and bagasse as byproducts, industrial alcohol including ethanol, organic fertilizers and tea. The company has its Seohara sugar mill and distillery located in Uttar Pradesh with a crushing capacity of 10,000 TCD. It has installed a 24 MW co-generation plant in Seohara and increased the capacity of the distillery from 55 KLPD to 100 KLPD. The crushing capacity of the company`s Hasanpur Sugar Mills in Bihar is being expanded from 1,750 TCD to 5,000 TCD at a capital outlay of about INR 1.3 billion, and the capacity at Bharat Sugar Mills, Bihar from 2,500 TCD to 5,000 TCD with a sulfur-free sugar refinery and a co-generation plant of 18 MW at a capital outlay of about INR 1.25 billion. This expansion program is expected to be completed in 2007-2008. A bio compost plant has been installed in Shyamabad near Seohara to produce organic fertilizers which is marketed under the brand name Uttam Jaivik Khad by the company. It has a tea estate called Cinnatolliah Tea Garden spread over an area of 746 hectares in North Lakhimpur, Assam. The registered office of the company is located at P.O. Seohara, Bijnor district-246746, Uttar Pradesh and corporate and head office at 9/1, R.N. Mukherjee Road, Kolkata-700001. Financials The company reported rise of 240.58% in standalone net profit on y-o-y basis to Rs 152.82 million, while total income increased 124.76% y-o-y basis to Rs 2.48 billion for the quarter ended March 2011.