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Sakthi Sugars posts fiscal H1 loss

Sakthi Sugars Ltd said its normalized net income for the fiscal first half ended Sept. 30 came to a loss of 406.9 million rupees.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue came to 3.39 billion rupees, and total operating expenses came to 3.48 billion rupees.

Reported net income came to a loss of 473.8 million rupees, or a loss of 4.92 rupees per share.

As of Nov. 6, US$1 was equivalent to 66.11 Indian rupees.