The company reported Net Sales including operating other income of Rs 515.93 Crs in Q2 FY 09 as against Rs 500.04 Crs in Q2 FY 08 an increase of 3.08% on YoY basis and Rs 362.24 Crs in Q1 FY 09 an increase of 29.79% QoQ basis.

The company reported an EBIDTA of Rs 279.86 Crs in Q2 FY09 as against Rs 392.70 Crs in Q2 FY08 a decline of 40.32% YoY basis and against Rs 353.22 Crs in Q1 FY09 a decline of 26.21% QoQ basis as lower production cost and deprecation cost has increased.

The company reported an EBIDTA margin of 54.24% in Q2 FY 09 as against 78.53% in Q2 FY 08 a decline of 2429 bps YoY basis and 97.51% in Q1 FY 09 a decline of 4327 bps QoQ basis.

The Interest was up by 83.72% on YoY basis and 22.23% on QoQ basis.

The depreciation was up 15.53 % on YoY basis and 11.46% on QoQ basis.

The company had paid tax for Rs 37.42 Cr in Q2 FY 09 as against Rs 7.91 in Q2 FY 08 an increase of 78.86% on YoY basis and Rs 32.13 Cr in Q1 FY 09 an increase of
14.14% QoQ basis.

The company reported a PAT of Rs 81.39 Crs in Q2 FY 09 as against Rs 43.03 Crs in Q2 FY 08 an increase of 47.13% and against Rs 55.94 Crs in Q1 FY 08.

The company reported a PAT margin of 15.78% in Q2 FY09 as against 8.61% in Q2 FY08 an increase of 717 bps YoY basis.

The company reported an EPS of Rs 5.76 for Q2 FY 09 as against Rs 3.04 in Q2 FY 09 an increase of 47.13% YoY basis.

The company has 6.1 lacs tonne inventory of sugar at the rate of Rs. 18.5 which includes depreciation and interest cost, 15 lacs quintal of molasses and 60 lacs litre of alcohol.

The current debt position of company is Rs 3300crs which includes working capital, FCCB and Mark to Mark Loss.

The company has written back forex losses of Rs 83.65 crore to the Profit and Loss Account and is reflected under the head "other operating income".