Vishwaraj Sugar, a key player in the distilleries, shares have gained in line with broad-based buying in the market to close higher. Its profit before tax came in at Rs 2.94 crore in the fourth quarter while the same was seen at Rs 25.54 crore in the full financial year, according to an exchange filing by the company. Its executive …
Uttar Pradesh has emerged as the largest ethanol-producing state in the country. A total of 58 crore litres of ethanol was produced by 54 distilleries established across the state. According to the government spokesman, the state has manufactured 58 crore litres of ethanol, a solvent that is essentially mixed with petrol for environmental purposes, in the year 2020-21. By mixing …