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Ethanol Programme Saved Rs 1.90 Lakh Crore In Forex Since 2014-15, Says Govt Amid Row Over E20 Fuel
Between 2014-15 and 2020-21, the Centre disbursed about Rs 14,600 crore in subsidies to sugar mills, including export subsidies to clear surplus stock.
Here's how the government's latest move on E22-E30 fuels benefits sugar companies
The development is seen as positive for sugar mills, many of which have invested heavily in expanding distillery capacities over the past few years to cater to rising ethanol demand under the government's blending targets.
KM Sugar Mills consolidated net profit declines 16.46% in the March 2026 quarter
Sales decline 30.84% to Rs 105.99 crore
Uttam Sugar Mills consolidated net profit declines 16.84% in the March 2026 quarter
Sales decline 17.06% to Rs 470.10 crore
India Bans Sugar Exports Until Sept 2026 To Cool Off Prices
India, the world's biggest sugar exporter after Brazil, allowed mills to export 1.59 Million metric tons, betting output would exceed domestic demand.
Dalmia Bharat, Shree Renuka and other sugar stocks jump up to 4%. What’s behind the rally?
Shares of Dalmia Bharat Sugar, Shree Renuka Sugars and other sugar companies rose sharply on Tuesday after the government approved an additional export quota of 87,587 tonnes for 2025–26. The move is expected to ease surplus concerns, support domestic prices, and improve realisations for mills amid firm global trends.