| Sugar | Production and sale of refined white crystal sugar derived from sugarcane. | Strong regional supply chain, established farmer relationships and production capacity. | Primarily B2B; sugar wholesalers, industrial food manufacturers, and retailers. | Refined sugar segment with operational efficiencies and scale advantages. | 432 | 78 | Revenue from domestic sugar sales to distributors and bulk buyers. | Market-driven pricing subject to agricultural yield and government regulations. | Government export quotas, monsoon-driven cane availability, and sugar recovery innovations. | |
| Cogeneration | Generation and sale of renewable power using bagasse co-generated during sugarcane processing. | Integrated cogeneration alongside sugar production leveraging bagasse as fuel. | State power utilities and internal divisions within the company. | Electricity export to state grid commands attractive tariffs. | 27 | 5 | Power sales to state electricity grids and captive consumption within company operations. | Power purchase agreements and tariff structures with government agencies. | Rising demand for renewable energy and government incentives for cogeneration projects. | |
| Distillery | Production and sale of industrial alcohols including anhydrous ethanol as petrol additive and chemical raw material. | First mover in regional ethanol production with government-backed programs. | B2B with chemical industry and fuel blending companies. | Ethanol production benefiting from supportive policy environment. | 102 | 17 | Sales to ethanol blending programs, chemical manufacturers and industrial users. | Long-term contracts influenced by government ethanol pricing policies. | Government ethanol blending mandates and rising biofuel demand. | |
