India, Feb. 17 -- Magadh Sugar Energy Limited (MSEL) reported a Profit After Tax (PAT) of Rs 39 crore, marking an increase from Rs 22 crore recorded in the same quarter of the previous fiscal year, Q3FY23.

The Total Income for the third quarter of FY24 stood at Rs 219 crore, exhibiting a modest growth compared to the previous years Q3FY23 figure of Rs 210 crore.

The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Q3FY24 also showed a notable improvement, reaching Rs 62 crore, as opposed to Rs 45 crore reported in Q3FY23.

In the nine-month period of FY24, the company said its Total Income for 9MFY24 soared to Rs 810 crore, significantly surpassing the corresponding period of the previous fiscal year, 9MFY23,...