Sir Shadi Lal Enterprises Limited Reports Earnings Results for the Third Quarter Ended December 31, 2018

Sir Shadi Lal Enterprises Limited is engaged in the manufacturing of sugar and alcohol products. The Company operates through two segments: Sugar business and Distillery business. Sugar businesses primarily comprise manufacture of sugar. Distillery business primarily comprises the manufacture of spirit, alcohol, and ethanol. Its by-products of the sugar making process include molasses, bagasse, and press mud. The by-product molasses is used in distilleries for the manufacture of alcohol and ethanol. The Company's manufacturing units include Upper Doab Sugar Mills and Shamli Distillery and Chemical Works. It has approximately two manufacturing units consisting of one sugar unit, which is Upper Doab Sugar Mills, Shamli, District-Shamli, Uttar Pradesh and one distillery unit, which includes Shamli Distillery and Chemical Works, Shamli, District - Shamli, Uttar Pradesh. The Company's crushing capacity of the Upper Doab Sugar Mills plant at Shamli is 600 tons of cane per day (TCD) per day.