Udagiri Sugar And Power Ltd.

Major Achievements

One of our most noteworthy achievements is the rapid setting up of our factory. From the initial construction phase to full-scale operation, the entire process was streamlined and completed in a remarkable span of just nine months. This accomplishment highlights our commitment to efficiency and exemplifies our ability to implement systems thinking for project execution, which ensures timeliness without compromising quality or safety standards.

We take pride in our consistent financial growth. This consistency is a testament to our stable financial accomplishments and conservation of resources for future expansion. The consistency underscores our commitment to long term growth and also affirms our operational and financial expertise.

Our contribution to the task of nation building has twice been recognized with the highest GST Paid Award in Sangli District Division of Maharashtra. This attests to our stable economic performance and our contribution to local and national economy. We see it as a reflection of our commitment to compliance, corporate responsibility and our humble role as a part of the local economic structure.

We’ve been putting our Corporate Social Responsibility (CSR) funds to good use year after year. In 2017-18, we allocated Rs. 10,61,669 for community projects. The following year, we increased it to Rs. 15,91,635. In 2019-20, we directed Rs. 19,08,295 towards impactful initiatives. Despite the challenges in 2020-21, we managed to allocate Rs. 19,94,962 for worthy causes. In 2021-22, we directed Rs. 23,46,843 to uplift communities. And in the recent fiscal year, 2022-23, our commitment grew even stronger as we released Rs. 39,26,954 for creating a positive impact. These CSR fund releases reflect our ongoing dedication to making a difference in people’s lives.

Over the years, we’ve been exporting sugar to various countries. In 2013-14, we exported 71,075 quintals of raw sugar and 10,400 quintals of white sugar. The trend continued with 57,925 quintals of raw sugar and 12,220 quintals of white sugar in 2014-15. In 2015-16, it was 53,000 quintals of raw sugar and 10,400 quintals of white sugar. The exports shifted to mainly white sugar in 2016-17 with 8,350 quintals. Then, in 2018-19, we exported 112,820 quintals of raw sugar and 11,440 quintals of white sugar. The following years saw raw sugar exports of 1,04,690, 1,37,280, 2,96,310 and 3,13,450 quintals, respectively, along with 3,38,480 quintals of white sugar in 2021-22. In total, we’ve exported 11,46,550 quintals of raw sugar and 3,91,290 quintals of white sugar.

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