| Sugar | Manufacturing and sale of sugar produced from sugarcane across 14 plants. | Large crushing capacity, established supplier relationships, and integrated plant infrastructure. | B2B customers mainly in food and beverage, and industrial sectors. | Improved sugar recovery rates and operational efficiency areas. | 3969 | 71 | Revenue from sugar sales to industrial and retail segments. | Market-driven pricing with periodic government regulation impact. | Sugar price recovery and enhanced crushing capacity. | |
| Distillery | Production and sale of ethanol and industrial alcohol through 6 distilleries. | Strong ethanol capacity and government policy alignment. | B2B specializing in fuel and chemical industries. | Ethanol sales from C-heavy molasses route yielding higher realisation. | 705 | 13 | Sales of ethanol primarily to fuel blenders and industrial users. | Regulated pricing with government support for ethanol blending mandates. | Increased ethanol blending policies and diversified raw material utilization. | |
| Power | Co-generation power plants provide power for captive use and surplus sale to the grid. | Integrated sugar and power generation reducing waste and costs. | State power utilities and internal consumption. | Captive consumption lowering costs and high-margin surplus power sales. | 864 | 16 | Sale of surplus power to Uttar Pradesh state grid and captive consumption savings. | Power purchase agreements and regulatory tariffs. | Co-generation from bagasse and surplus power exports. | |
| Others | Manufacture of Medium Density Fibreboard (MDF) and Particle Board (PB) using bagasse. | Unique use of bagasse and diversified revenue streams. | B2B customers in construction and furniture sectors. | Value-added chemical and board products. | 35 | 1 | Sales of value-added wood substitute products. | Direct sales with industry competitive pricing. | Forward integration into value-added products from sugar industry by-products. | |
